Toshiba plans to sell its original office building in Tokyo’s Gin...
Toshiba plans to sell its original office building in Tokyo’s Ginza district for $1.3 billion to invest in core growth areas. Besides digital AV products, those include chip making. The company reportedly is negotiating to buy Sony’s chip operations…
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for $870 million. (See report in this issue.) Other growth areas for Toshiba are flash memory and nuclear power plants, Nikkei reported. The Ginza is Tokyo’s historic commercial district. Toshiba’s site there has 40,000 square meters of floor space on 3,700 square meters of land.