Toshiba Corp. is considering selling its unprofitable domestic television business in an effort to boost its financial standing, sources close to the matter said Monday.
The struggling electronics company, which is reeling from huge losses at its U.S. nuclear power business, is looking to sell the TV operation to companies in Turkey and China, the sources said.
The sale of the domestic business will mark Toshiba's total withdrawal from TV manufacturing after the embattled company previously pulled out of production overseas.