Toshiba reportedly plans to sell all or a portion of its shares in Taiwan-based Powertech Technology (PTI) and Walton Advanced Engineering, according to recent reports from Taiwan's media outlets.

Toshiba will dispose of the shares totaling 49,298,408 units it holds in Walton, according to a Chinese-language Apple Daily report. Toshiba currently holds a 9.8% stake in the company.

Toshiba could collect around NT$463 million (US$14.1 million) from the sale of its stake in Walton based on Walton's closing price of NT$9.40 on the Taiwan Stock Exchange (TSE) on March 8.

Toshiba will also sell part of its stake in PTI, according to a Chinese-language Liberty Times report, which came on the heels of the Apple Daily report. Toshiba holds 3,655,000 PTI shares, or 0.47% of the Taiwan-based company.

Toshiba disclosed previously that the company have made net losses of JPY710 billion (US$6.3 billion) for its fiscal year ending in March 2016 - higher than its previous estimate of a JPY550 billion loss.