Broadcom Ltd. Successfully Bids On Toshiba Ltd. Memory Business

According to Toshiba sources it is said to be able have put its memory division up for bid due to a massive write down from their nuclear power business.
Broadcom specializes in creating and manufacturing chips that are used for communications such as semiconductors, controllers, ICs, Embedded and Network Processors and much more.

If the Broadcom bid does follow through they are to venture out into a what is known as the non – volatile memory market. Along with much of their newly integrated material they will be able to drive their way to consumer electronics such as NAND flash that can be found in tablets, wearable electronics and smart phones used today.

Along with the bid there have been some issues that arose with the request of the bid. Western Digital which has been a long partner of Toshiba is claiming that it was not notified or giving the chance to be able to refuse the bid. It was processed without their approval and therefore Western is placing a law suit under breach of contract to restrain Toshiba from selling the memory division.
 
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