Toshiba and Western Digital initially reached a settlement

Toshiba and U.S. West, which were opposed by the sale of semiconductor storage business, reached a consensus on reconciliation on December 11. Both sides will rescind their previous legal measures applied to the Japan-US Court of Justice. Co-investments by the two companies in a joint Yokkaichi Mie Prefecture factory Will also be restarted.With the settlement of Western Digital, Toshiba will continue to promote the reconstruction of its focus, that is, the sale of storage business.

Toshiba in February to raise funds for the reconstruction and operation, to determine the guidelines for the sale of storage business.Western data worried about their own business impact on business operations, to the court forbid Toshiba to sell storage business.

Toshiba sells its storage business to the "Japan-US-South Korea Alliance" headed by Bain Capital in September but may not be able to sell it on a planned basis if settlement with Western Digital is not possible. , The purchase of cutting-edge storage products will be difficult, so take action and Toshiba reconciliation.

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