 "Workers prepare the New Year's eve numerals above a Toshiba sign in Times Square Manhattan, New York City, U.S., December 26, 2016. Picture taken December 26, 2016. REUTERS/Andrew Kelly")
Toshiba Corp is in talks to sell a minority stake in its flash memory business to US. chips business partner Western Digital Corp in a bid to boost its capital base, a source briefed on the discussions said on Wednesday.
Toshiba said in a statement earlier that it had been considering various options for its memory business, including a spin-off, but that nothing concrete had been decided.
California-based data storage company Western Digital operates a NAND flash memory plant in the city of Yokkaichi in Mie prefecture with Toshiba.
