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Toshiba sues Western Digital for 120 billion yen in damages

Published Wed, Jun 28, 2017 · 09:50 PM

Tokyo

TOSHIBA Corp sued Western Digital Corp in a Japanese court, asking for 120 billion yen (S$1.4 billion) in damages and seeking to stop the US company from interfering in the sale of its chip unit, escalating a legal tussle between the companies.

The litigation, filed on Wednesday in the Tokyo District Court, seeks to stop Western Digital from making ownership claims over the enterprise that Toshiba is trying to sell.

The Japanese company said in a statement …

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Companies & Markets

Toshiba sues Western Digital for 120 billion yen in damages

Consumer & Healthcare

Sony deal for Paramount would draw added regulatory scrutiny

Lululemon to shutter Washington distribution center, lay off 128 employees

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

P&G raises annual core profit forecast on resilient demand, price hikes

Cordlife calls for trading halt after shares sink to all-time low, pending announcement

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

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