Western Digital has told Toshiba it won’t agree to a sale of the Japanese conglomerate’s memory chip unit to a preferred bidding consortium that includes rival chipmaker SK Hynix, a South Korean outfit.

Western Digital jointly runs Toshiba’s main semiconductor plant and has opposed the sale that could amount to as much as US$18 billion.

It has sought a US court injunction to prevent any deal that does not have its consent.

In a letter to Toshiba’s board, Western Digital said Hynix’s participation in the consortium increased the likelihood of technology leakage and harm to future joint ventures.

You may also like
WD Brings Portable SSDs To The Masses
Western Digital, Kioxia In $27 Billion Merger Talks
What Next For Hisense After Senior Management Exit?
WD Launches World-First Wireless Charging Pad With Data Backup
OZ To Get Right To Repair Laws Smartphones & Appliance Makers Targeted

Leave a Reply