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ECONOMY

Western Digital’s decision will determine buyer of Toshiba Memory

  • June 8, 2017
  • , Yomiuri
  • JMH Summary

Yomiuri wrote that Western Digital appears to hold the key to Toshiba’s planned deconsolidation of its lucrative semiconductor division. The paper noted that if the U.S. manufacturer continues to insist on maintaining at least a majority stake in Toshiba Memory, the cash-strapped electronics giant may be prompted to sell the subsidiary to the Broadcom-Silver Lake team.  If Western Digital chooses to make a compromise and agrees to a substantially lower stake and joins hands with the consortium led by U.S. equity fund KKR and the Innovative Network Corporation of Japan, Toshiba Memory may be sold to this alliance since it is also backed by the Japanese government.  

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