Western Digital reaffirms the commitment to invest in joint ventures producing NAND flash memory, including Fab 6
Barely had time Toshiba Memory Corporation (TMC) announce that will invest in the factory Fab 6 on its own, as Western Digital has been quick to reaffirm commitment commitment to invest in joint ventures producing NAND flash memory, including Fab 6.
Recall that SanDisk, a subsidiary company Western Digital, Toshiba is a partner in three joint ventures producing NAND flash memory.
According to Western Digital, talks with Toshiba on the joint investment in Fab 6, which began a few weeks ago, is still ongoing.
Procedure of investment defined in treaties joint ventures. These contracts fix the priority of the joint venture participants in the investment than Western Digital intends to use. The Board of Directors Western Digital approved investment in equipment for Fab 6.
In addition, the company Western Digital announced that the court of appeal yesterday overturned the decision authorizing the temporary restriction of access of employees to Western Digital to Toshiba databases. In other words, now the restrictions imposed by Toshiba, is illegal and should be abolished. We are talking about the access of employees to Western Digital to a database and some objects of joint ventures, and refusal to provide Toshiba Western Digital product samples.