Toshiba Western Digital warns against interference in the sale of its semiconductor production

Toshiba turned to his partner for the production of memory chips, Western Digital, with an appeal not to interfere with the sale of owned by Toshiba semiconductor industry.

In a letter to Western Digital, disputed the assertion that the specified selling Japanese manufacturer violates the terms of the joint venture agreement. According to lawyers of Toshiba, their company has legal grounds to transfer the rights in the joint venture to a subsidiary of the company formed by the allocation of the semiconductor industry.

Toshiba Western Digital has warned against further interference in the sale process, assuring that otherwise uses all legal means to stop it.

We will remind, in April it appeared that Western Digital insists on the right of primary purchase is manufactured by Toshiba semiconductor and is in talks with state-backed Fund INCJ and development Bank of Japan regarding the special conditions for participation in the auction.

Source: Reuters

Western Digital


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