Toshiba has been in talks for months to sell its chips business and pay for a disastrous move into the US nuclear sector. Toshiba has been in talks for months to sell its chips business and pay for a disastrous move into the US nuclear sector. Yasuo Naruke, head of the chips business, and several other top executives resisted the Western Digital proposal, the people said. Western Digital had a 13% slice of the market last year and SK Hynix accounted for an similar portion, according to researcher IDC. Apple-backed billionaire makes case to buy Toshiba chip unitToshiba has missed several self-imposed deadlines to reach a final deal.

Source: Mint September 17, 2017 05:48 UTC