TOKYO: Western Digital Corp has told Toshiba Corp that it will not agree to a sale of the Japanese conglomerate’s prized memory chip unit to a preferred bidding consortium that includes rival chipmaker SK Hynix Inc.
Western Digital, which jointly runs Toshiba’s main semiconductor plant, has been feuding bitterly with its Japanese partner over the US$18bil sale and has sought a US court injunction to prevent any deal that does not have its consent.“I must make it clear that Western Digital will not consent to a transaction with the proposed consortium,” CEO Stephen Milligan said in a letter sent to Toshiba’s board.