According to recent reports from international media, Toshiba and Western Digital have reached a preliminary agreement to resolve their ongoing disputes. The Japanese company is planning to sell its chip division for $18 billion, with final negotiations expected to be completed next week. On Wednesday, Toshiba's board of directors approved a framework for settling the conflict, according to sources familiar with the matter. However, no official confirmation has been released yet. Western Digital, a key partner in Toshiba’s chip business, had previously posed a major challenge to the sale of the chip unit to Bain Capital. Now, it seems both companies are working toward a resolution that could benefit both sides. One of the key points under discussion involves Western Digital dropping its request for an arbitration to block the sale, in exchange for Toshiba agreeing to allow Western Digital to invest in a new flash memory production line set to begin operations next year. All sources involved in the discussions have requested anonymity, as they were not authorized to speak publicly about the matter. A spokesperson for Toshiba stated that while the company is open to resolving disputes, it will not release details about the internal discussions or the board meeting. She emphasized, “It is not true that we have reached a formal agreement with Western Digital.†Western Digital has not responded to the report, but industry analysts believe this development could mark a turning point in the long-standing relationship between the two tech giants. Toshiba’s U.S. nuclear power subsidiary, Westinghouse, has been struggling with massive debt, prompting the need to divest its chip business. The chip division is one of the world’s largest manufacturers of NAND memory chips, making it a highly valuable asset. As part of the proposed settlement, both companies plan to extend their existing joint venture agreement for the chip plant in Yokkaichi, Japan. The current contract is set to expire in 2021, and the extension would ensure continued collaboration. In addition, Western Digital is expected to invest in a new chip manufacturing facility that Toshiba plans to build in northern Japan next year. This move could strengthen their partnership and boost production capacity. Western Digital is a global leader in hard drive technology and acquired SanDisk for $16 billion last year. SanDisk has been a key player in Toshiba’s chip joint ventures since 2000, further deepening their ties in the semiconductor industry. LV Series（23.8"-98"） infrared touch screen,ir frame touch screen,multi point touch screen,infrared touch screen overlay Guangdong ZhiPing Touch Technology Co., Ltd. , https://www.zhipingtouch.com
Reconciliation between the two sides will not obstruct the Western Digital to sell chip business
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