Toshiba has announced plans to sell its television subsidiary to Hisense in a bid to stem severe financial losses. On Tuesday, the Japanese tech giant said it would sell a 95-percent stake in the unit ... TOKYO—Toshiba is selling its TV production, brand, R&D and operations to Hisense Electric Co., Ltd, a publicly listed subsidiary of Hisense Group.
Hisense will purchase 95 percent of the stock shares ... TechSpot: Struggling Toshiba to sell 95% of its TV unit to Hisense FILE - In this , file photo, a photographer is silhouetted before a press conference at the Toshiba Corp. headquarters in Tokyo. Troubled Toshiba Corp.
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