In today’s briefing:
- Toshiba – Why Renesas Might Be a Better Option for the Devices Business than an IPO
Toshiba – Why Renesas Might Be a Better Option for the Devices Business than an IPO
- We have made no secret of the fact that we consider Toshiba’s restructuring plans to be unspectacular.
- Initially we saw no reason to separate the infrastructure business and saleable assets but with that issue addressed it is the position of the devices business which concerns us.
- This is because we feel it is rather undersized to stand on its own two feet… but we increasingly feel that Renesas could be the ideal home for the unit.
Before it’s here, it’s on Smartkarma
