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Toshiba says Western Digital overstating rights over chip business

Reuters  |  TOKYO 

TOKYO (Reuters) - Toshiba Corp said its business partner Western Digital Corp had been "persistently" overstating its rights over a memory chip unit that the Japanese firm is looking to offload, showing the two remain at loggerheads over the $18 billion sale.The statement from the embattled Japanese conglomerate comes a day after it said it was stepping up talks to sell the unit to a group led by Bain Capital and South Korean chipmaker SK Hynix. But it also said it would continue weighing a rival offer from Western Digital."Toshiba regrets that Western Digital persistently overstates its ...

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First Published: Thu, September 14 2017. 11:34 IST