Toshiba Said to Be Close to Western Digital Settlement

The video discusses Toshiba's sale of its business to a consortium led by Bain for $18 billion, opposed by Western Digital due to rival companies in the consortium. Legal battles have ensued, but a settlement is imminent. The settlement involves dropping lawsuits and investing in a new facility. This is crucial for Western Digital, which relies on Toshiba for flash memory chips. The future of joint ventures is uncertain, but Toshiba aims to meet its financial deadlines and plans an IPO. The companies will continue competing in the flash memory market.

What challenges does Western Digital face regarding access to flash memory chips?

What implications does the sale of Toshiba's business have for its investors?