Advertisement
UK markets closed
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     
  • CRUDE OIL

    78.37
    -0.11 (-0.14%)
     
  • GOLD FUTURES

    2,322.50
    -8.70 (-0.37%)
     
  • DOW

    38,884.26
    +31.99 (+0.08%)
     
  • Bitcoin GBP

    50,382.78
    -379.66 (-0.75%)
     
  • CMC Crypto 200

    1,308.29
    -56.83 (-4.16%)
     
  • NASDAQ Composite

    16,332.56
    -16.69 (-0.10%)
     
  • UK FTSE All Share

    4,522.99
    +53.90 (+1.21%)
     

Toshiba in talks to sell PC operations to Asus: Nikkei‍​

FILE PHOTO: The logo of Toshiba Corp is seen as window cleaners work on the company's headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai/File Photo

(Reuters) - Japanese conglomerate Toshiba Corp has entered into negotiations to sell its personal computer operations to Taiwan's Asustek Computer Inc, the Nikkei reported on Friday.

China's Lenovo Group Ltd has also expressed interest in the Toshiba business, according to the newspaper. (http://s.nikkei.com/2hysDnc)

The move is part of a larger restructuring plan by Toshiba, as it scrambles for funds to cover billions of dollars in liabilities arising from its now bankrupt U.S. nuclear unit Westinghouse.

(Reporting by Karan Nagarkatti in Bengaluru; Editing by Shounak Dasgupta)