Toshiba Corporation's Statement Regarding the Request for Arbitration Filed by Western Digital's SanDisk Concerning Investmen...
2017年9月21日 - 07:01PM
ビジネスワイヤ(英語)
Western Digital Corporation’s subsidiary SanDisk LLC (SanDisk)
and certain of its subsidiaries, through their attorneys, have
notified Toshiba Corporation (TOKYO:6502)(Toshiba) and Toshiba
Memory Corporation (TMC), a wholly owned subsidiary of Toshiba,
that they have initiated arbitration regarding TMC’s planned
investments for additional BiCS capacity at TMC's Yokkaichi
Operations, including at its Fab 6 building. Although Toshiba has
not yet received a formal copy of the arbitration request, and is
therefore not in a position to comment regarding its substance,
Toshiba is disappointed by Western Digital’s initiation of
additional arbitration at this important time for the parties’
collaboration.
As previously announced, production at Fab 6 will be entirely
devoted to BiCS FLASHTM, Toshiba’s premiere 3D Flash memory
product. Phase-1 of the fab is scheduled for completion in summer
2018, and will be a unilateral investment by Toshiba following
SanDisk’s unwillingness to agree to reasonable commercial
terms.
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Media ContactToshiba CorporationKaori Hiraki,
+81-3-3457-2100Public Relations & Investor Relations
Divisionmedia.relations@toshiba.co.jpFax: +81-3-5444-9202