Toshiba to Spin Off Chip Business

Toshiba has confirmed it will spin off its chip business, effective March 31st. An extraordinary shareholders meeting will be held to discuss plans, though some details remain undecided. The market is currently on a lunch break, and reactions will be observed when Tokyo reopens. The company has faced ongoing issues, impacting its shares.

What significant change is Toshiba planning for its chip business?

• Shutting down operations

• Acquiring a new company

• Merging with another tech giant

• Spinning off the chip business

When is the spin-off of Toshiba's chip business expected to take effect?

• December 31st

• June 15th

• March 31st

• January 1st

What is still undecided regarding Toshiba's memory chip business?

• The location of the new headquarters

• Plans for outside capital

• The name of the new company

• The new CEO

What is the current status of Toshiba's shares?

• They have been increasing steadily

• They have been stable

• They are on a lunch break

• They are at an all-time high

When will the market reactions to Toshiba's announcement be observed?

• During the morning session

• At the end of the fiscal year

• After the weekend

• When Tokyo reopens for the afternoon session