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Toshiba faces arbitration over microchip unit sale

By Douglas Thomson

16 May 2017

Toshiba faces arbitration over microchip unit sale
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US data storage company Western Digital has filed an arbitration against Toshiba to halt an auction of the Japanese conglomerate’s US$20 billion microchip business – part of a planned company restructuring to manage losses from its bankrupt nuclear power division Westinghouse.