Two iconic companies deciding to be split up.
This will be the next CEOs duty after Pat’s utter failure to compete against the Trillion dollar ecosystems of Apple, Nvidia, Qualcomm, Broadcom, AMD, TSMC and Samsung. If Intel is lucky maybe they can be resurrected like AMD when they dumped their TMG
It takes far more than a few billion in handouts and crying about nationals security to make up for a decade of strategic and cultural management failure.
https://edition.cnn.com/2021/11/09/investing/ge-split/index.html
https://ohionewstime.com/toshiba-plans-to-split-into-three-after-the-scandal-wave/286567/