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The Japanese Company, Toshiba had announced on Friday of it’s split. The company said that it will be split in to 3 firms with the one Company focusing on Infrastructure and the other two focusing on devices.
The firm has said;
That this new development will help the company significantly increase its focus and facilitate more agile decision-making and leaner cost structures
That would leave them much better positioned to capitalise on their distinct market positions, priorities and growth drivers to deliver sustainable profitable growth and enhanced shareholder value.The statement added.