Toshiba has announced that it has reached agreement with China-based Skyworth on the sale of PT Toshiba Consumer Products Indonesia, Toshiba Group's Indonesian manufacturing base for TVs and twin-tub washing machines. Going forward, the company plans to settle the final sales price and complete the transfer by March 2016. The agreement will also give Skyworth a license to use the Toshiba brand name in Asia, excluding China.
from DIGITIMES: IT news from Asia http://ift.tt/1PhPb5r
via Yuichun
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