{"id":33346,"date":"2017-06-29T11:55:26","date_gmt":"2017-06-29T11:55:26","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=33346"},"modified":"2017-06-29T11:55:26","modified_gmt":"2017-06-29T11:55:26","slug":"western-digital-says-toshiba-actions-in-chip-spat-harm-customers","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/technology\/western-digital-says-toshiba-actions-in-chip-spat-harm-customers.html","title":{"rendered":"Western Digital says Toshiba actions in chip spat harm customers"},"content":{"rendered":"<h2 style=\"text-align: justify\"><span style=\"font-size: 18pt\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif;color: #000000\">Western Digital says Toshiba actions in chip spat harm customers<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba&#8217;s stakeholders and customers.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">The two have been feuding bitterly over the $18 billion sale, particularly after Toshiba chose a different consortium as it is preferred bidder.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Western Digital, which jointly runs Toshiba&#8217;s main semiconductor plant, has sought a U.S. court injunction to prevent the inking of any deal without its consent.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">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.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">It also blocked certain Western Digital employees from accessing databases related to their joint ventures and, in some cases, facilities as well.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">&#8220;This action will have the consequence of harming not only Toshiba&#8217;s stakeholders, but also our respective customers,&#8221; Western Digital said in a statement.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">The U.S. firm called Toshiba&#8217;s lawsuit a bid to pressure it to relinquish its consent rights, and added it was confident it would succeed on the legal merits of its arbitration request.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Western Digital also reiterated its commitment to invest in their joint ventures, including the Fab 6 production line in Yokkaichi, central Japan.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Toshiba is rushing to sell the unit to cover billions of dollars in cost overruns at its bankrupt Westinghouse nuclear unit.<\/span><\/p>\n<p><span style=\"font-size: 8pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">sOURCE:-\u00a0http:\/\/www.reuters.com\/article\/us-toshiba-accounting-idUSKBN19K0GN<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/technology\/western-digital-says-toshiba-actions-in-chip-spat-harm-customers.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Western Digital says Toshiba actions in chip spat harm customers Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba&#8217;s stakeholders and customers. The two have been feuding bitterly [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":33350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[20547],"class_list":["post-33346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-western-digital-says-toshiba-actions-in-chip-spat-harm-customers"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/33346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=33346"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/33346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/33350"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=33346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=33346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=33346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}