Western Digital’s Future Business Depends on Toshiba’s NAND Spinoff

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Western Digital’s Future Business Depends On Toshiba’s NAND SpinOff Decision
Toshiba disclosed that it will likely sell a roughly 20% interest in its semiconductor unit for between 200 billion yen and 300 billion yen ($1.77 billion to $2.65 billion) while retaining a majority stake and keeping the new company in group earnings. Its semiconductor unit is largely NAND flash memory production. One possible idea being floated as part of the spin-off plan is a partial sale to Western Digital Corp.