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Toshiba Corp. President Satoshi Tsunakawa said Tuesday the ailing electronics giant may sell a majority stake in its flash memory operations to cover losses caused by massive write-downs on its U.S. nuclear business.

During a news conference at the firms’s headquarters in Tokyo, Tsunakawa said the company will, as far as its flash memory business is concerned, take “the best measures possible by thinking flexibly,” adding that he doesn’t rule out compromising all of its stake.

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