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Toshiba in talks to sell PC operations to Asus - Nikkei‍​

Published 16/11/2017, 22:24
Updated 16/11/2017, 22:30
© Reuters. FILE PHOTO : A logo of Toshiba is seen on a printed circuit board in this photo illustration taken in Tokyo

© Reuters. FILE PHOTO : A logo of Toshiba is seen on a printed circuit board in this photo illustration taken in Tokyo

(Reuters) - Japanese conglomerate Toshiba Corp (T:6502) has entered into negotiations to sell its personal computer operations to Taiwan's Asustek Computer Inc (TW:2357), the Nikkei reported on Friday.

China's Lenovo Group Ltd (HK:0992) has also expressed interest in the Toshiba business, according to the newspaper. (http://s.nikkei.com/2hysDnc)

© Reuters. FILE PHOTO : A logo of Toshiba is seen on a printed circuit board in this photo illustration taken in Tokyo

The move is part of a larger restructuring plan by Toshiba, as it scrambles for funds to cover billions of dollars in liabilities arising from its now bankrupt U.S. nuclear unit Westinghouse.

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