Latest News on Western Digital
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Western Digital - Total results - 153
Dec 08, 2017
Toshiba and Western Digital agree in principle settle the dispute over memory chip unitToshiba’s board has approved a framework for a settlement and is aiming to reach a final agreement by next week.
Dec 01, 2017
Toshiba and Western Digital are close to settling their legal dispute over the sale of an $18 billion semiconductor unitBut Western Digital, Toshiba’s chip joint venture partner and a jilted suitor in the auction of the unit, argues that no deal can proceed without consent.
Nov 09, 2017
Toshiba reports 76 percent jump in Q2 profit after recent sale of memory chip unit for $18 billionToshiba maintained its full-year operating profit forecast of 430 billion yen, of which 419.4 billion yen would come from memory chips.
Oct 27, 2017
Toshiba disputes Western Digital CEO claims on memory chip unit investment talksBecause of the impasse over the terms, Western Digital does not believe it will take part in a coming round of investment in Toshiba’s Fab 6 chip factory.
Oct 26, 2017
Seagate pledges not to buy any stake in Toshiba's memory chip unit for the next 10 yearsSeagate has committed up to $1.25 billion to finance the purchase of the chip unit — world’s second-biggest producer of NAND flash memory semiconductors.
Oct 24, 2017
Toshiba is considering various measures in case the memory chip sale does not close by the end of the financial yearThe deal needs to close by end-March or Toshiba will likely report negative net worth — where liabilities exceed assets — for a second year running.
Oct 23, 2017
Toshiba is expected to suffer a net loss of $1 billion in taxes related to the sale of its memory chip unitToshiba said that due to the tax impact, it expects a loss of 110 billion yen ($970 million) in the year to March.
Oct 16, 2017
Western Digital announces breakthrough innovation in delivering ultra-high capacity hard disk drivesMAMR is one of two energy-assisted technologies that Western Digital has been developing for years. Only MAMR demonstrates the reliability and cost profile.
Oct 10, 2017
Bain Capital to cash in on investment in the Toshiba chip unit; aims to list chip unit in three yearsUS private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp’s chip unit on the Tokyo Stock Exchange within three years.
Oct 05, 2017
US firm Bain Capital aims to list Toshiba chip unit on Tokyo Stock Exchange within three yearsUS private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp’s chip unit on the Tokyo Stock Exchange within three years.