The conglomerate hopes auctioning its chip unit will help it pay debt

Toshiba CEO: wants to close chip business sale by end-March

Foxconn has also bid for the Toshiba's chip business, but the corporation did not respond to its request

Sharp CEO: Foxconn to continue to pursue Toshiba chip unit acquisition

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Toshiba CEO: wants to close chip business sale by end-March

Sharp CEO: Foxconn to continue to pursue Toshiba chip unit acquisition