On Tuesday, the Japanese company Toshiba is going to report on the last calendar quarter 2016 ( it is the third quarter of fiscal year 2016). It is expected that Toshiba will inform about the cancellation of the order of 700 billion yen (over $ 6 billion). It turned loss-making division, serving the US nuclear power industry. For smoothing Toshiba recession has taken a decision to separate the production of flash memory and SSD as a separate company and to sell 19.9% of the company to some third-party investors, which should bring around 300 billion yen (about $ 2.7 billion).
According to unconfirmed reports, to buy a stake in the semiconductor business, Toshiba have expressed desire Bain Capital Bank, as well as the company Western Digital, SK Hynix and Micron Technology. As reported a few days ago, Toshiba is considering an offer to purchase from several companies in the amount of 200 to 400 billion yen ($ 1,8-3,6 billion). Toshiba declined to comment on these rumors. On the Tokyo Stock Exchange its shares continue to fall .
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