Toshiba sells TV business to China’s Hisense


Struggling Japanese conglomerate Toshiba said Tuesday it has decided to sell its television business to China’s Hisense Group as part of its efforts to restore its balance sheet. Toshiba agreed with the Chinese group to sell 95 percent in shares of its unit Toshiba Visual Solutions (TVS) for about 12.9 billion yen ($114 million), it said…




Toshiba sells TV business to China
Toshiba sells TV business to China’s Hisense

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