Toshiba to invest $3.2b in new Japan chip facility

Toshiba to invest $3.2b in new Japan chip facility

Pedestrians walk past a logo of Toshiba Corp outside an electronics retailer in Tokyo September 14, 2015. REUTERS/Toru Hanai/Files

Toshiba Corp said it plans to invest 360 billion yen ($3.2 billion) to build anew semiconductor facility in Japan, showing it wants to grow its chip business even as it eyes the sale of other units such as appliances and healthcare.

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