US judge postpones decision in bid to block Toshiba memory unit sale


  • TECH
  • Monday, 17 Jul 2017

Western Digital's joint venture with Toshiba helps finance equipment at Toshiba's plants in exchange for some of their output. — Reuters

A US judge did not reach a decision July 14 in Western Digital Corp's bid to temporarily block Toshiba Corp from selling its flash memory business in an US$18bil (RM77.27bil) deal but proposed requiring Toshiba to give Western Digital two weeks' notice before closing.

Toshiba is scrambling to sell its flash memory unit to cover losses from its nuclear reactor business.

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