Toshiba to Spin Off Chip Business

Toshiba Corp., facing a multibillion-dollar writedown in its nuclear power division, confirmed plans to spin off its chip unit, a step that will let the conglomerate sell off a stake in the business and raise much-needed cash. Bloomberg's David Ingles reports on "Bloomberg Markets." (Source: Bloomberg)

Full Show: Surveillance (02/20)
12:45 - Bloomberg Surveillance hosted by Francine Lacqua. Guests include: Partners Group Chairman of Americas Charles Dallara, Credit Suisse Securities Head of European Economics Neville Hill, Standard Chartered Bank Chief Economist Marios Maratheftis, former NATO Former Deputy Secretary General Alexander Vershbow, Rabobank Senior Foreign-Exchange Strategist Jane Foley, Societe Generale Global Strategist Kit Juckes. (Source: Bloomberg)
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