Western Digital Seeks to Block Toshiba Chip Sale

The video discusses the ongoing legal battle between Western Digital and Toshiba, focusing on Western Digital's attempts to participate in the bidding process for Toshiba's flash memory chip business. The complications in the sales process are highlighted, including the involvement of Japanese government-backed funds. Additionally, Toshiba's financial struggles are addressed, particularly its demotion on the Tokyo Stock Exchange and the urgent need for cash to avoid delisting.

What legal action did Western Digital take against Toshiba?

• Filed for a merger

• Filed for a patent infringement

• Filed for bankruptcy

• Filed for arbitration claims

What is the main reason Western Digital is pursuing legal means in the bidding process?

• To gain full control of Toshiba

• To prevent Toshiba from selling its business

• To find a way to participate in the process

• To dissolve the joint venture

Which entities are considered crucial for regulatory approval in Toshiba's sales process?

• Sony and Panasonic

• Innovation Network Corp of Japan and Development Bank of Japan

• Apple and Google

• Western Digital and Samsung

What significant change is happening to Toshiba on the Tokyo Stock Exchange?

• Promotion to the first section

• Demotion to the second section

• Merger with another company

• Removal from the exchange

Why is Toshiba in urgent need of cash?

• To expand its business

• To invest in new technology

• To avoid delisting from the Tokyo Stock Exchange

• To acquire another company