HOME > BUSINESS > Article

Text Size

small

medium

large


Western Digital Seeks Majority Stake in Toshiba Chip Unit

Western Digital Seeks Majority Stake in Toshiba Chip Unit

   Tokyo, May 25 (Jiji Press)--Western Digital Corp., a U.S. hard disk drive maker and chip business partner of Toshiba Corp. <6502>, has sought to obtain a majority equity stake in the struggling Japanese electronics and machinery maker's flash memory subsidiary, it was learned Thursday.
   No agreement has been made on the matter as some Japanese government officials are cautious about Western Digital controlling Toshiba's advanced flash memory technologies, sources familiar with the situation said.

To read a full story, please click here to find out how to subscribe.

BUSINESS

HEADLINES

POLITICS
S. Korea Professor Calls for Comfort Women Declaration as "Third Way"
ECONOMY
NY Stocks (Thursday Closing): Dow 21,082.95 (+70.53); Nasdaq 6,205.26 (+42.24)
SPORTS
Sumo: Hakuho Improves to 12-0 to Maintain Solo Lead in Summer Grand Tournament
OTHER
Shogi: Fujii Marks 19th Straight Win since Pro Debut, Secures Ryuo-sen Berth

AFP-JIJI PRESS NEWS JOURNAL


Photos