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Western Digital takes issue with Toshiba's sale of chip unit

It warns Japanese partner that plan to sell semiconductor business may violate their joint venture contract

Fri, Apr 14, 2017 - 5:50 AM

Toshiba needs cash to help shore up finances hurt by losses from its Westinghouse nuclear business and has said that failure to do that would damage its ability to survive.

PHOTO: REUTERS

San Francisco

WESTERN Digital Corp, a joint venture partner with Toshiba Corp in its memory chip business, told the Japanese company that efforts to sell its semiconductor unit may violate their contract.

Western Digital's chief executive officer Steve Milligan wrote a letter to...