Japan's Toshiba spins off energy, computer device units

Japan's Toshiba spins off energy, computer device units

2 years ago
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https://apnews.com/67965ce5b6c5231e57ef8b17d70e19c9

TOKYO (AP) — Embattled Japanese technology conglomerate Toshiba said Friday it is restructuring to improve its competitiveness, spinning off its energy infrastructure and computer devices businesses.

The energy infrastructure spinoff will include Tokyo-based Toshiba Corp.'s nuclear power operations, including the decommissioning efforts at the nuclear plant in Fukushima that suffered meltdowns after an earthquake and tsunami in March 2011.