Tag Archives: Toshiba

Apple Said to Move to Ward Western Digital Off Control of Toshiba Chip Business

Apple has sought to stop Western Digital from taking control of Toshiba’s chip business by threatening not to buy its products in the future, people with knowledge of the deal said. Apple, which uses Toshiba’s NAND flash memory chips in its iPhones, is concerned about losing pricing power if Western Digital is running the operation, the sources said on Friday. However, if… Read More »

Apple Said to Move to Ward Western Digital Off Control of Toshiba Chip Business

Apple has sought to stop Western Digital from taking control of Toshiba’s chip business by threatening not to buy its products in the future, people with knowledge of the deal said. Apple, which uses Toshiba’s NAND flash memory chips in its iPhones, is concerned about losing pricing power if Western Digital is running the operation, the sources said on Friday. However, if… Read More »

Toshiba Said to Be Under Pressure to Consider Plan B as Chip Sale Falters

As the $18 billion (roughly Rs. 1,16,325 crores) sale of Toshiba’s memory chip unit to a government-approved consortium falters, some bankers and potential investors are pressing the board to seriously consider alternatives, people with direct knowledge of the sale process said – including picking a new buyer. Those people say Toshiba’s leadership is sticking to Plan A: selling… Read More »

Toshiba Suing Western Digital for $1 Billion Over Chip Business Sale Interference

Japan’s Toshiba said on Wednesday it is filing a lawsuit against joint venture partner Western Digital. Toshiba is claiming JPY 120 billion ($1.07 billion) in damages, saying in a statement that Western Digital is interfering with the sale of its memory chip division. Toshiba also said it has decided to shut out Western Digital employees based outside the… Read More »

Toshiba to sell slice of smartphone memory chip unit

Toshiba has said it will split off its operation that makes memory chips for smartphones and computers, and will sell a stake in the new business. The Japanese company needs to raise funds after revealing a heavy one-off loss at its US nuclear power business. Toshiba will unveil the size of the writedown next month, but some estimate… Read More »