Toshiba misses own deadline for chip unit sale, increasing future risks

Toshiba misses own deadline for chip unit sale, increasing future risks

Toshiba logo (visual from the MBT website -Shohei Miyano/Reuters)

Toshiba Corp failed to seal a deal to sell its prized chip business by a self-imposed deadline of Thursday, raising doubts about whether it can plug a balance sheet hole in time to avoid a delisting and keep the chips unit competitive.

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