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Japan's exporters are facing pressure to decide on their stance against Trump's 'America First' policy.
Toshiba said Friday it will spin off a part of its chip business in a bid to strengthen its finances eroded by the losses link to its U.S. nuclear unit.
The troubled electronics maker could raise over $1.8 billion by spinning off its chip business.
Canon, Tokyo Electron, Permira, Bain have reportedly emerged as potential investors in Toshiba's chip business.