Japan's struggling Toshiba logs $436 mn loss in first half
Troubled Japanese conglomerate Toshiba
Tokyo - AFP
Troubled Japanese conglomerate Toshiba said Thursday it logged a net loss of $436 million for the fiscal first half, as it moves to complete a multi-billion-dollar sale of its chip business to restore its balance sheet.
The Tokyo-based firm said the loss was mainly due to the tax impact associated with the deal to sell the chip unit to a consortium led by Bain Capital
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