Breaking News

SWIT Packs 210Wh and 200W Output into Compact MINO-A Gold Mount Battery Series Fanatec and Trak Racer showcase the future of simulation at SimRacing Expo Frankfurt 2026 Razer Unveils the Barracuda V2 Pro ASUS Republic of Gamers Announces Bulwark Dock DG310 Akasa Announces Fermi CM5 Fanless Case for Raspberry Pi Compute Module 5

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Toshiba Puts Weight in Talks With Western Digital on Chips Business Sale

Toshiba Puts Weight in Talks With Western Digital on Chips Business Sale

Enterprise & IT Aug 23,2017 0

Toshiba is prioritizing talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported on Wednesday.

The Japanese conglomerate is scrambling to sell its flash memory unit for around $18 billion to cover losses from its bankrupt U.S. nuclear business Westinghouse.

In June, Toshiba picked a consortium including Japanese government-backed funds, private equity firm Bain Capital and South Korean chip maker SK Hynix as the preferred bidder for the prized unit.

But the talks stalled after Western Digital, a partner in Toshiba's main chip plant, took Toshiba to court, arguing it needs to consent to a sale. A subsequent legal battle between the two companies unnerved the state-backed funds, which demanded that Toshiba resolve the conflict before the sale.

The Nikkei, without citing sources, said Toshiba CEO Satoshi Tsunakawa told lenders that it would focus on negotiating with Western Digital with the aim of agreeing to a deal by the end of the month.

A Toshiba spokesman declined to comment.

Tags: ToshibaWestern Digital
Previous Post
Google to Detail Titan Security Chip for Cloud Services
Next Post
Micron Expands its NVDIMM-N Portfolio

Related Posts

  • Toshiba launches Canvio Ready portable hard drive with partly recycled-material top cover

  • Toshiba Demonstrates Storage Infrastructure for Scientific AI and Research at ISC 2026

  • Toshiba Canvio Flex Portable Hard Drive, Now in Metallic Blue

  • Toshiba Begins Sampling of 30-34 TB SMR Nearline Hard Disk Drives

  • World Backup Day 2026: A Backup Doesn’t Always Need to be in the Cloud

  • Toshiba to Showcase High-Performance AI and Petabyte-Scale Storage Solutions at Cloudfest 2026

  • Asustor AS5404T 4-Bay NAS System

  • Toshiba Storage Trends 2026

Latest News

SWIT Packs 210Wh and 200W Output into Compact MINO-A Gold Mount Battery Series
Cameras

SWIT Packs 210Wh and 200W Output into Compact MINO-A Gold Mount Battery Series

Fanatec and Trak Racer showcase the future of simulation at SimRacing Expo Frankfurt 2026
Gaming

Fanatec and Trak Racer showcase the future of simulation at SimRacing Expo Frankfurt 2026

Razer Unveils the Barracuda V2 Pro
Consumer Electronics

Razer Unveils the Barracuda V2 Pro

ASUS Republic of Gamers Announces Bulwark Dock DG310
Gaming

ASUS Republic of Gamers Announces Bulwark Dock DG310

Akasa Announces Fermi CM5 Fanless Case for Raspberry Pi Compute Module 5
Cooling Systems

Akasa Announces Fermi CM5 Fanless Case for Raspberry Pi Compute Module 5

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

SoundPeats Cove Pro

SoundPeats Cove Pro

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed