BeQuiet Jubiläum Banner 970x90
Breaking News

Envision Enhances Its Range of Smart Glasses For Blind and Low-Vision Communities - Making Them More Accessible For Everyone ASUS Announces All-New Vivobook Go 15 OLED and Vivobook Go 14 Pioneer Japan updates firmware for their X13 lineup (30-01-2023) DLSS 3 Delivers Ultimate Boost in Latest Game Updates on GeForce NOW DualSense Edge wireless controller launches globally today

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Western Digital Responds to Toshiba's Actions

Western Digital Responds to Toshiba's Actions

Enterprise & IT Jun 29,2017 0

Western Digital said on Thursday that it remained committed to new investments in the memory manufacturing facilities ran by its joint ventures Toshiba, and that Toshiba's actions would harm not only Toshiba's stakeholders, but also their customers.

The two companies have been feuding over the $18 billion sale of Toshiba's memory unit, particularly after Toshiba chose a different consortium as it is preferred bidder.

Western Digital, which jointly runs Toshiba's main semiconductor plant, has sought a U.S. court injunction to prevent the inking of any deal without its consent.

On Wednesday Toshiba struck back with a lawsuit, saying Western Digital had interfered in the sale without due cause, adding that it is seeking 120 billion yen ($1 billion) in damages.

Western Digital did not comment on the lawsuit, as it has
not received any legal filings yet.

However, the company said that disputes should be resolved through arbitration with the ICC International Court of Arbitration.

SanDisk has filed a request for injunctive relief seeking to prevent Toshiba from transferring its JV interests until SanDisk's claims can be heard in arbitration. SanDisk looks forward to presenting its case to the Superior Court of California for the County of San Francisco on July 14, 2017. In addition, SanDisk is confident that it will succeed on the legal merits of its arbitration request filed on May 14, 2017, and the case continues to move forward in the ICC International Court of Arbitration.

Toshiba also blocked certain Western Digital employees from accessing databases related to their joint ventures and, in some cases, facilities as well.

Western Digital said it remained focused on the success of the joint ventures (JVs), and committed to protecting trade secrets.

"Toshiba took an unprecedented and retaliatory action to prohibit certain employees from accessing shared databases and, in some instances, the JVs' facilities themselves. This action will have the consequence of harming not only Toshiba's stakeholders, but also our respective customers," Western Digital said.

"We believe the actions taken by Toshiba are continued attempts to both pressure Western Digital to relinquish its previously agreed upon and legitimate consent rights, and to distract Toshiba's stakeholders following its annual general meeting. It is surprising that Toshiba would take such actions given the implications for its employees, customers, shareholders and creditors," WD added.

Western Digital also reiterated its commitment to jointly invest in the JVs, including Fab 6 in Yokkaichi, Japan, in order to continue conversion from 2D NAND to 3D NAND.

Tags: ToshibaWestern Digital
Previous Post
Technicolor Buys LG's TV Set-top Box Unit
Next Post
Samsung releases Rose Pink Edition of the Galaxy S8+

Related Posts

  • Toshiba MG10 20TB HDD

  • Toshiba Renews its Popular Streamlined Canvio Basics Hard Drive Series

  • Toshiba completes acquisition of OCZ Technology Group's Assets and launches new subsidiary, OCZ Storage Solutions

  • Toshiba’s latest 20TB HDDs receive Microchip’s Adaptec SmartRAID controller qualification

  • Toshiba Announces 20TB MG10 Series Hard Disk Drives

  • Toshiba P300 2TB 7200 HDD

  • Collaboration between Toshiba and Visiotech addresses demand for high capacity data storage in video surveillance applications

  • Toshiba Announces New P300 2TB Desktop PC Hard Drive Running at 7200RPM

BeQuiet Jubiläum Banner 300x600

 

Latest News

Envision Enhances Its Range of Smart Glasses For Blind and Low-Vision Communities - Making Them More Accessible For Everyone
Enterprise & IT

Envision Enhances Its Range of Smart Glasses For Blind and Low-Vision Communities - Making Them More Accessible For Everyone

ASUS Announces All-New Vivobook Go 15 OLED and Vivobook Go 14
Enterprise & IT

ASUS Announces All-New Vivobook Go 15 OLED and Vivobook Go 14

Pioneer Japan updates firmware for their X13 lineup (30-01-2023)
Optical Storage

Pioneer Japan updates firmware for their X13 lineup (30-01-2023)

DLSS 3 Delivers Ultimate Boost in Latest Game Updates on GeForce NOW
GPUs

DLSS 3 Delivers Ultimate Boost in Latest Game Updates on GeForce NOW

DualSense Edge wireless controller launches globally today
Gaming

DualSense Edge wireless controller launches globally today

Popular Reviews

Withings Thermo Wi-Fi-connected temporal thermometer

Withings Thermo Wi-Fi-connected temporal thermometer

EnGenius ECW230 Access Point

EnGenius ECW230 Access Point

Withings Body Plus Scale

Withings Body Plus Scale

Withings Sleep Analyzer

Withings Sleep Analyzer

Noctua NH-D12L CPU Cooler

Noctua NH-D12L CPU Cooler

EnGenius ECW230S AP

EnGenius ECW230S AP

Scythe Fuma 2 CPU Cooler

Scythe Fuma 2 CPU Cooler

be quiet! Pure Rock 2 FX

be quiet! Pure Rock 2 FX

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed