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Governments around the world are investing aggressively to build domestic supplies of semiconductors
The final vote to determine whether to break up Toshiba won't happen until next year but the meeting will be an important gauge of shareholder support for the board's restructuring plan
A Toshiba spokeswoman said the company had not confirmed whether there had been any approval by Chinese regulators.
If the deal fails to win regulatory approval by March 31, Toshiba is free to walk away
The decision to sell the world's No. 2 producer of NAND memory chips was made at a board meeting
Toshiba had set a two trillion yen threshold for the sale
TOKYO (Reuters) - Suitors including private equity firms KKR & Co LP, Bain Capital and U.S. chip maker Broadcom Ltd are lining up for Toshiba Corp's semiconductor business, sources familiar with matter said ahead of a deadline for second-round offers on Friday.
Toshiba shareholders on Thursday agreed to split off its NAND flash memory business