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News Article | April 7, 2017
Site: www.techtimes.com

Looking for high-quality portable SSDs is quite a challenge, especially with differing prices on the market. Luckily, lauded brand Western Digital has run up to the SSD trend. Western Digital just announced its first portable SSD storage called "My Passport SSD," available in three storage configurations, complete with a USB-C port which replaces the USB 3.0 Micro B port of yesteryear. The My Passport SSD is tiny, almost palm-sized. It's also currently the fastest My Passport drive from Western Digital's lineup of storage devices, offering users the ability to move files at 515 MB/s. This is the first time for Western Digital to actually release a portable SSD drive, since the company is mostly recognized for its inexpensive solutions for HDD backups. As you can see, the My Passport SSD borrows the look of the recently redesigned My Passport drives, obviously shrunken down because of the absence of a magnetic drive. The move to finally release its own portable SSD is wise — and also unsurprising. The company acquired SanDisk last year to make inroads in the SSD department, which is something it's already doing with its internal SSDs. Its new My Passport SSD also signals its willingness to compete with Seagate and LaCie in the increasingly emerging market of SSDs, especially with the latter two companies already offering their own SSDs. But instead of just releasing a run-of-the-mill portable SSD, Western Digital was meticulous enough to also jump into the USB Type-C trend, which is slowly replacing previous-gen ports. But the company isn't leaving out those who don't have USB Type-C laptops: it's throwing in a USB Type-A adaptor in the box for anyone who might need it. "My Passport SSD is the perfect storage solution to rapidly manage large photo and video libraries, quickly back up files and important documents, run virtual machines from, or expand your SSD-laptop storage anywhere you take your computer," said Western Digital in an announcement. Western Digital's My Passport SSD, as previously mentioned, will come in three storage configurations: 256 GB, 512 GB, and 1 TB. Like all SSDs, however, don't expect these to come cheap. The lowest storage size will cost $99.99; 512 GB will cost $199.99; and 1 TB will cost $399.99. These are pretty fair prices considering other, more steep offers out there, but they're still pretty high, although this is mostly because SSDs are far more expensive the HDDs at present. By contrast, a My Passport 2 TB hard drive is just $79.99, much lower than the lowest My Passport SSD storage option. The drives are protected by 256-bit AES hardware encryption and password protection, and users will get a three-year warranty period for every purchase. The drives are shock resistant up to 1500 G of force and can withstand a 6.5 foot drop. They will be available "this quarter," according to the company. Thoughts about Western Digital's My Passport SSD? Feel free to sound off in the comments section below! © 2017 Tech Times, All rights reserved. Do not reproduce without permission.


News Article | May 24, 2017
Site: www.forbes.com

Huge public companies still prospered this past year despite wild swings between market uncertainty and volatility, punctuated by unexpected political outcomes. The 2017 Global 2000 is bigger and more valuable in the aggregate than last year's list, with higher sales, profits, assets and market values. The list as a whole is significantly more valuable from the year prior, with aggregate market capitalization up 10%. Here's how we crunched the numbers. Despite slowing GDP figures, China and the U.S., whose companies make up more than 40% of the list, continue to dominate the top 10 list with financial giants including #1 Industrial and Commercial Bank of China (ICBC) and #4 JPMorgan Chase. China’s two-year stronghold of the top 3 spots was disrupted this year with Warren Buffett’s Berkshire Hathaway snagging the third spot, another signal that U.S. companies didn’t suffer terribly from market uncertainty that defined the year, as Berkshire owns many other American staple stocks. The FORBES Global 2000 ranking is based on a composite score from equally-weighted measures of revenue, profits, assets and market value. The 2017 list features public companies from 58 countries that together account for $35.3 trillion in revenue, $2.5 trillion in profit, $169.1 trillion of assets, and have a combined market value of $48.8 trillion. All four metrics are up from the 2016 ranking, with market capitalization up 10% from last year. Despite a slowing of the global IPO market, several newly-public companies debuted on this year's list.  The biggest newcomer at No. 55 is Postal Savings Bank of China. The September 2016 IPO was the year’s largest, worth $8.1 billion. In the U.S., the most high-profile company to enter the list was Snap Inc. The company’s $24 billion market cap helped earn a spot at No. 1693. U.S. companies account for the most members of the list, 565, followed by China and Hong Kong, which is home to 263 Global 2000 companies. The world’s biggest companies have gotten bigger, more profitable and more valuable in the past year. 58 countries were represented, down from last year's 62 with Cyprus, Kazakhstan, Romania and Malta no longer boasting companies on the list. It wasn’t a good year for energy companies that fought against rock-bottom petroleum prices. Exxon Mobil fell 4 spots to #13, PetroChina fell off the top 10 to #102, and Chevron slipped to#359 from last year's #28 position. One big gainer this year is Charter Communications (#107), which climbed 677 spots by buying Time Warner, #214 last year,  knocking it off the list. General Electric climbed 54 spots to #13 and #83 Amazon broke into the top 100 from its previous rank of #237. Alibaba also moved up the list to #140. Some major names absent from the list were either acquired by another company or performed poorly and ranked under the #2000 position. Notable drop-offs include SABMiller, which was acquired by #126 Anheuser-Busch InBev. Western Digital bought #1266 SanDisk and Marriot acquired Starwood Hotels & Resorts which was #1214 last year. Chipotle, which suffered a terrible stock price after their food poisoned customers, also fell off the list. Casino giant Caesars Entertainment Corporation, #1198 last year, got knocked off too. For more coverage of the FORBES Global 2000 ranking of the world’s largest public companies, see below: Global 2000: The Largest Companies In China In 2017 2017 Global 2000: These Are The Largest Companies In Russia Here's How Much Of Russia's Biggest Banks And Drillers The Kremlin Owns World's Largest Retailers 2017: Amazon & Alibaba Are Closing In On Wal-Mart World's Largest Food And Beverage Companies 2017: Nestle, Pepsi And Coca-Cola Dominate The Field


News Article | May 23, 2017
Site: globenewswire.com

Dublin, May 23, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "NAND Insights Q1/17: MobileAgain" report to their offering. Strong demand from mobile contributed to the NAND shortage in 2H/16. It looks like history will repeat itself in 2017. This report provides a forecast of the supply-demand and application drivers for NAND flash memory out to 2021. Information on the following areas in included in this report: - NAND Flash Forecast - NAND Flash Revenue Trend - NAND Supplier Profitability - and more... This reports comes as a 27 page powerpoint presentation and an excel spreadsheet. Key Topics Covered: NAND Flash Forecast NAND Flash Revenue Trend - NAND Supplier Profitability - Capex - Wafer Capacity - Vendor Status - Technology Mix - Product Mix - 3bpc by Applications - 3D NAND by Applications Demand Flash Cards - USB Drives - Smartphones - Tablets - eMMC/UFS - SSDs - Applications Forecast Supply-Demand Pricing - Summary Excel File TOC - Revisions - Changes - Overview - NAND Supplier Operating Margin - Revenues - $ per GB - Capex - Supply-Demand - Applications - e-Reader - eMMC - Flash Cards - Mobile Phone - Smartwatch - Smart TV - SSD - Tablet - USB Flash Drives - Wafer Capacity - Bits by Vendor - Samsung - Toshiba - SanDisk - SK Hynix - Micron - Intel - Macronix - Powerchip - Winbond - YRST - ASP - eMMC Pricing - Overview Charts - Demand Charts - Supply Charts For more information about this report visit http://www.researchandmarkets.com/research/4cf54j/nand_insights


News Article | May 23, 2017
Site: globenewswire.com

Dublin, May 23, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "NAND Insights Q1/17: MobileAgain" report to their offering. Strong demand from mobile contributed to the NAND shortage in 2H/16. It looks like history will repeat itself in 2017. This report provides a forecast of the supply-demand and application drivers for NAND flash memory out to 2021. Information on the following areas in included in this report: - NAND Flash Forecast - NAND Flash Revenue Trend - NAND Supplier Profitability - and more... This reports comes as a 27 page powerpoint presentation and an excel spreadsheet. Key Topics Covered: NAND Flash Forecast NAND Flash Revenue Trend - NAND Supplier Profitability - Capex - Wafer Capacity - Vendor Status - Technology Mix - Product Mix - 3bpc by Applications - 3D NAND by Applications Demand Flash Cards - USB Drives - Smartphones - Tablets - eMMC/UFS - SSDs - Applications Forecast Supply-Demand Pricing - Summary Excel File TOC - Revisions - Changes - Overview - NAND Supplier Operating Margin - Revenues - $ per GB - Capex - Supply-Demand - Applications - e-Reader - eMMC - Flash Cards - Mobile Phone - Smartwatch - Smart TV - SSD - Tablet - USB Flash Drives - Wafer Capacity - Bits by Vendor - Samsung - Toshiba - SanDisk - SK Hynix - Micron - Intel - Macronix - Powerchip - Winbond - YRST - ASP - eMMC Pricing - Overview Charts - Demand Charts - Supply Charts For more information about this report visit http://www.researchandmarkets.com/research/4cf54j/nand_insights


News Article | May 9, 2017
Site: news.yahoo.com

FILE PHOTO: The logo of Toshiba is seen as a shareholder arrives at Toshiba's extraordinary shareholders meeting in Chiba, Japan March 30, 2017. REUTERS/Toru Hanai/File Photo TOKYO (Reuters) - Toshiba Corp <6502.T> has told Western Digital Corp not to interfere in the sale of its prized chip unit, rejecting claims it has breached a joint venture contract and threatening legal action. The clash between Toshiba and Western Digital - both its business partner and one of the bidders for the chip unit - risks delaying or even quashing an auction that the Japanese conglomerate is depending on to plug a $9 billion hole in its accounts. Although the two companies jointly operate Toshiba's main semiconductor plant, Western Digital is not seen as a favoured bidder for the world's second biggest NAND chip producer, having put in a much lower offer than other suitors, sources with knowledge of the matter have said. The U.S. firm has argued the Japanese company is violating their contract by transferring their joint venture's rights to the newly formed unit and has asked for exclusive negotiating rights. Chief Executive Steve Milligan is currently visiting Japan to press its case. But in a May 3 letter sent by Toshiba's lawyers, the TVs-to-nuclear conglomerate disputed Western Digital's argument and said it would pursue all available remedies if it saw continued interference in the sale process. Western Digital's "campaign constitutes intentional interference with Toshiba's prospective economic advantage and current contracts. It is improper, and it must stop," the letter, which was seen by Reuters on Tuesday, said. In a separate letter, also dated May 3, the general manager of Toshiba's legal affairs accused Western Digital of failing to sign some joint venture agreements. If Western Digital refuses to sign by May 15, the chip unit would protect its intellectual property rights by suspending Western Digital employees' access to all of the unit's facilities, networks and databases, the letter said. A Western Digital spokeswoman in Japan declined to make immediate comment. For some analysts, Western Digital has the upper hand. "From a commonsense standpoint, it's hard to buy Toshiba's argument that it doesn't need approval from its JV partner because it's almost a 50-50 joint venture," said Masahiko Ishino, an analyst at Tokai Tokyo Research Center. Toshiba in its letter says that under the joint venture agreement neither party can block a change of control by the other partner, stating that Western Digital itself acquired the joint venture interest when it bought SanDisk and never sought or received Toshiba’s approval. Toshiba believes that a consortium of U.S. private equity firm KKR & Co LP and Japanese government-backed investors would be the most feasible solution, a source familiar with the matter said this week. Such a sale could eventually allow the chip unit - which Toshiba values at at least 2 trillion yen ($17.6 billion)- to aim for an IPO and keep the technology in Japan, the source said. KKR and state-backed Japan Innovation Network Corp are expected to submit a joint offer in the second round of bidding. Other suitors are Taiwan-based Foxconn <2317.TW>, U.S. chipmaker Broadcom Ltd , which has partnered with private equity firm Silver Lake Partners LP, as well as South Korea's SK Hynix Inc <000660.KS>. But Western Digital has vehemently said it is opposed to a deal with Broadcom. Other suitors could also be blocked by the Japanese government which has vowed to prevent any deal that could allow the transfer of sensitive technologies and represent a risk to national security. The source also said that Toshiba plans to report full-year results this month without an endorsement from its auditor - its second such earnings report - as disagreements over its books are unlikely to resolved. The move puts the troubled Japanese conglomerate's bourse listing in further jeopardy, after it submitted twice-delayed third-quarter results without approval from PricewaterhouseCoopers Aarata (PwC) last month. Toshiba has been on the Tokyo stock exchange's supervision list since mid-March as it has failed to clear up concerns about its internal controls after a 2015 accounting scandal. PwC has been questioning the numbers at nuclear unit Westinghouse - the root cause of Toshiba's current crisis - and is looking not only at recent results, but also probing the books for the U.S. unit for the year through March 2016, sources have said.


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SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ:WDC) today announced that several of its SanDisk subsidiaries have filed a Request for Arbitration with the ICC International Court of Arbitration related to three NAND flash-memory joint ventures (“the Flash JVs”) operated with Toshiba Corporation (“Toshiba”). The arbitration demand seeks among other things an order requiring Toshiba to unwind the transfer to Toshiba Memory, and injunctive relief preventing Toshiba from further breaching the Flash JV agreements by transferring its Flash JV interests, or any interest in an affiliate that holds its Flash JV interests, without SanDisk’s consent. Per the provisions of the joint venture agreements, the arbitration will take place in San Francisco, California. Western Digital chief executive officer Steve Milligan stated, “The Flash JVs have been operated with Toshiba for the past 17 years and have been highly successful for the JV partners and for Japan. We continue to be actively engaged in discussions with Toshiba’s stakeholders to ensure that they are fully aware of our joint venture rights and of our desire to work with Toshiba to achieve a favorable outcome for all parties. We firmly believe that we provide Toshiba with the optimal solution to address its challenges, and that we are the best partner to advance its legacy of technology innovation in Japan.” Milligan added, “Joint ventures are inherently intimate commercial relationships, and in order to protect against being forced into such a relationship with parties not of their choosing, SanDisk and Toshiba agreed to protect their interests in the joint ventures by prohibiting transfers without the consent of the other party. Toshiba’s attempt to spin out its joint venture interests into an affiliate and then sell that affiliate is explicitly prohibited without SanDisk’s consent. Seeking relief through mandatory arbitration was not our first choice in trying to resolve this matter. However, all of our other efforts to achieve a resolution to date have been unsuccessful, and so we believe legal action is now a necessary next step. We are confident in our ability to protect our rights and interests and to improve our value creation opportunities.” On or around April 1, 2017, Toshiba purportedly transferred its joint venture interests to a subsidiary, Toshiba Memory, as part of an open auction to sell its joint venture interests to a third party. Western Digital believes that these actions clearly violate the anti-transfer provisions of the joint venture agreements. Under the joint venture agreements, these transfers require SanDisk’s consent. SanDisk did not consent to the transfer to Toshiba Memory, and Toshiba has now repudiated any intention to obtain SanDisk’s consent before selling Toshiba Memory to the winning bidder of the auction. Western Digital is an industry-leading provider of storage technologies and solutions that enable people to create, leverage, experience and preserve data. The company addresses ever-changing market needs by providing a full portfolio of compelling, high-quality storage solutions with customer-focused innovation, high efficiency, flexibility and speed. Our products are marketed under the HGST, SanDisk and WD brands to OEMs, distributors, resellers, cloud infrastructure providers and consumers. Financial and investor information is available on the company's Investor Relations website at investor.wdc.com. This news release contains certain forward-looking statements, including statements concerning the Flash JVs, SanDisk’s rights under the joint venture agreements and SanDisk’s actions in response to Toshiba’s transfer of its Flash JV interests. There are a number of risks and uncertainties that may cause these forward-looking statements to be inaccurate including, among others: uncertainties with respect to the company's business ventures with Toshiba; volatility in global economic conditions; business conditions and growth in the storage ecosystem; impact of competitive products and pricing; market acceptance and cost of commodity materials and specialized product components; actions by competitors; unexpected advances in competing technologies; our development and introduction of products based on new technologies and expansion into new data storage markets; risks associated with acquisitions, mergers and joint ventures; difficulties or delays in manufacturing; and other risks and uncertainties listed in the company's filings with the Securities and Exchange Commission (the "SEC"), including the company's Form 10-Q filed with the SEC on May 8, 2017, to which your attention is directed. You should not place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances. Western Digital, WD and SanDisk are registered trademarks or trademarks of Western Digital Corporation or its affiliates in the U.S. and/or other countries. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. © 2017 Western Digital Corporation or its affiliates. All rights reserved.


News Article | May 9, 2017
Site: www.businesswire.com

SAN JOSE, Calif.--(BUSINESS WIRE)--Polycom, Inc., an industry leader in enterprise grade business communication solutions, today announced that Tarun Loomba has been named Executive Vice President of Solutions Management. Loomba is the most recent addition to a new executive lineup that includes CEO Mary McDowell and CHRO Billie Hartless. Loomba, a Silicon Valley veteran, brings more than 20 years of experience in engineering and product management-focused leadership roles in the technology industry. As Vice President and General Manager of Computing Storage Solutions at SanDisk, he most recently ran the multi-billion client Solid State Drive (SSD) and custom flash divisions. Prior to Sandisk, he was President at Armanta; Chief Marketing Officer at ParAccel; and Vice President of Marketing and Business Development at Seagate Technology. “I look forward to the expertise and energy Tarun will bring to our team as the leader of our Solutions Management organization,” said Mary McDowell, CEO, Polycom. “His in-depth experience in hardware, software, and software analytics will be a great addition as we focus on delivering new products to our partners and customers.” Loomba will be based at the company’s San Jose headquarters and oversee Polycom’s worldwide product and solutions management teams to bring new innovations to partners and customers. “Polycom shaped the way business communicates with its popular conference phone and is now pioneering the next wave of intelligent video and voice conferencing and content sharing solutions,” said Loomba. “The future is even brighter with a strong pipeline of future products, partnerships and a solid management team in place. There’s isn’t a better time to be at Polycom.” Polycom helps organizations unleash the power of human collaboration. More than 400,000 companies and institutions worldwide defy distance with secure video, voice and content solutions from Polycom to increase productivity, speed time to market, provide better customer service, expand education and save lives. Polycom and its global partner ecosystem provide flexible collaboration solutions for any environment that deliver the best user experience, the broadest multi-vendor interoperability and unmatched investment protection. Visit www.polycom.com or connect with us on Twitter, Facebook, and LinkedIn to learn more. In September 2016 Polycom announced the completion of its acquisition by affiliates of Siris Capital Group, LLC (“Siris” or “Siris Capital”) in a transaction reflecting an equity value of approximately $2.0 billion in cash. In connection with the closing of the transaction, the company, which continues to operate as Polycom, Inc., is wholly owned by affiliates of Siris Capital. © 2017 Polycom, Inc. All rights reserved. POLYCOM®, the Polycom logo, and the names and marks associated with Polycom’s products are trademarks and/or service marks of Polycom, Inc. and are registered and/or common law marks in the United States and various other countries. All other trademarks are property of their respective owners.


— Market Highlights Solid State Drive or SSD is a new technology in the data storage and an alternative to the traditional storage device HDD. SSD performs faster than HDD and currently growing with rapid space. Data centers are the key application area where the SDD can be used. Currently this market has been valued at more than high billion and expected to reach Market. Industry News • In July 2016, Samsung launched world’s largest SSD which has storage capacity of 15 TB. • In April 2016, SanDisk launched Half-Terabyte SDD for everyday computing. • In April 2016, Micron Technology, Inc. announced the increase in product portfolio by adding two PCIe SSDs. “Ask for your specific company profile and country level customization on report.” Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1028 Market Segmentation Segmentation by Type: SLL (Single Level Cell), MLL (Multi Level Cell) and TLL (Triple Level Cell) Segmentation by Storage Interface: SATA, SAS and PCIe. Segmentation by Storage Capacity: Less than 250 GB, 251GB to 500GB, 501GB to 1 TB and more than 1 TB. Segmentation by Application: PCs, laptops, data centers among others The Key Players of Global Solid States Drives Market • Samsung (South Korea) • Intel (U.S.) • SanDisk (U.S.) • Micron Technology, Inc. (U.S.) • Toshiba (Japan) • Lite-On (Taiwan) • Western Digital (U.S.) • Fusion-Io (U.S.) • Google (U.S.) • Kingston Technology (U.S.) • Netapp (U.S.) • OCZ (U.S.) Taste the market data and market information presented through more than 60 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Solid States Drives (SSD) Market Research Report- Global Forecast 2027”. Brief TOC of Solid States Drives (SSD) Market 1 Executive Summary 2 Market Introductions 2.1 Definition 2.2 Scope of the study 2.2.1 Research Objectives 2.2.2 Assumptions Regional Analysis Currently North America is dominating the market of solid state market. North America has high consumption rate for laptops and desktop and SSDs are the new replacement for hard disks. As it comes with bundle of features and advances that hard disk, market for SSD in North America is growing. Asia-Pacific has emerged as fastest growing market and also the second biggest market for solid state drives. About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. For more information, please visit https://www.marketresearchfuture.com/reports/solid-states-drives-market


Tokyo-based Toshiba Corp. needs cash from such a sale to shore up its finances after it suffered massive losses in its nuclear power division. Toshiba warned Western Digital to stop interfering, according to letters obtained Tuesday by The Associated Press. The letters from the company's lawyers, dated May 3, accused Western Digital of "improper" interference. Western Digital bought SanDisk, Toshiba's longtime partner in making flash memory chips, last year. It has argued the sale might violate terms of the joint venture with Toshiba, according to the letters. Such sales can be sensitive because they involve the transfer of technology. Several companies are reportedly interested in acquiring Toshiba's prized chip-making business. One is Hon Hai of Taiwan, also known as Foxconn, a major supplier to Apple, which has acquired Japanese electronics company Sharp Corp. South Korea's SK Hynix is also reportedly a bidder. The possibility that the flash memory technology Toshiba invented might be acquired by a foreign buyer has raised some concern in Japan. A Japanese consortium including government-affiliates like the Development Bank of Japan and the public-private Innovation Network Corp. of Japan are said to be preparing a bid with U.S. private equity firm Kohlberg Kravis Roberts. The financial newspaper Nikkei reported last month that Western Digital might join that effort. But Western Digital's chief executive, Steve Milligan, said in an interview with the Japanese broadcaster NHK shown Tuesday that the company was not satisfied with the minority stake it could obtain if it joined with the consortium in buying the chip business. "We're very committed to not only investing here in Japan but making sure that we maintain this critical technology here in Japan, advancing our interest, in the interest of the Japanese people, and ensuring that it doesn't fall into, if you want to call it, inappropriate hands," he said. Toshiba has threatened to restrict the entry of Western Digital to the joint venture facilities from May 15, if Western Digital doesn't change its position by then. Toshiba is projecting a trillion yen ($9 billion) in losses for the fiscal year that ended in March, although auditors have refused to sign off on its earnings report. The company is also embroiled in an accounting scandal. Further raising doubts over its future viability, Toshiba's U.S. nuclear unit Westinghouse Electric Co. filed for bankruptcy protection in March. Four nuclear reactors that Westinghouse is helping to build in South Carolina and Georgia are behind schedule and billions of dollars over budget, as costs soar after the nuclear disaster in Fukushima, northeastern Japan, six years ago.

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