TOKYO: Japan's Toshiba Memory said there was a"good chance" of acquisitions as it pushes to increase its share of the market for advanced storage products used in data centers.
Toshiba Memory's previous focus on smartphones and other consumer gadgets has hurt its profits, analysts say. U.S. buyout firm Bain Capital, which bought Toshiba Memory for US$18 billion, was looking to list the business in what would have been among Japan's biggest flotations this year, but delayed it by about two months to November, a source has said.Channel NewsAsia - Sentifi topic widget
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