Toshiba said it is considering splitting of its memory business into a separate company but added that nothing had been finalized at this point.

The Japanese company said Wednesday that it positions its memory unit as a focus business.

The announcement by Toshiba follows news reports that the company was planning to split its semiconductor  business. The company is considering selling a “partial stake” in its semiconductor business to Western Digital in the U.S., to raise funds for an impairment loss in its U.S. nuclear plant unit, reported Nikkei Asian Review.

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