Western Digital Couldn’t Take Part in Coming Round of Investment in New Toshiba NAND Manufacturing Plant
Fab 6 chip factory in Yokkaichi, Japan
This is a Press Release edited by StorageNewsletter.com on October 30, 2017 at 2:40 pmTo read this article from Reuters, click on:
Toshiba disputes Western Digital CEO claims on investment talks
Western Digital Corp said last Thursday it rejected demands from Toshiba Corp that it drop a set of legal rights that Western Digital believes would allow the company to block Toshiba’s $18 billion sale of its memory chip unit to SK Hynix as part of negotiations over a joint chip investment between Toshiba and Western Digital.
Because of the impasse over the terms, Western Digital does not believe it will take part in a coming round of investment in Toshiba’s so-called Fab 6 chip factory in Yokkaichi, Japan.