Toshiba Corporation (TSE:6502) is planning to split its lucrative flash memory business to make up for losses from its troubled U.S. nuclear business, and is looking for a third-party capital injection. Toshiba said its Board approved the plan January 27, 2017 to sell an unspecified stake in its chip operation to make up for losses from its nuclear operations in the U.S. The Kyodo News service quoted unnamed sources as saying Toshiba will sell less than a 20% stake in its highly profitable chip business to ensure its net worth remains positive.