TOSHIBA CORP. TO PULL OUT OF LSI CHIP BUSINESS

Highlights –

• Toshiba Corp. to pull out of LSI chip business.
• Toshiba is currently restructuring its company, offering job relocations and early retirement.
• Toshiba estimated the costs of the early retirement program to be around 11.8 billion yen.
• The restructuring will affect 770 workers.

Toshiba Corp. on Tuesday announced that it plans to pull out of t....