TOKYO Feb 15 Toshiba Corp has decided
to delay the sale of shares in its chip business to the next
financial year or later, Japan's Kyodo news agency reported on
Wednesday, without citing sources.
The Japanese conglomerate said on Tuesday it would book a
$6.3 billion hit to its U.S. nuclear unit and may sell a
majority stake in its prized flash-memory chip unit as it
scrambles for cash to stay in business.
Previously it had only planned to sell about 20 percent.
Toshiba is the world's biggest NAND chip producer
after Samsung Electronics Co Ltd.
Potential buyers include rivals such as SK Hynix Inc
, Micron Technology Inc as well as investment
fund Bain Capital, according to sources.
(Reporting by Junko Fujita; Editing by Alexander Smith)