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3 months ago
BRIEF-Toshiba CEO: No plan to postpone May 19 deadline for 2nd round of bidding for chip unit
May 15, 2017 / 6:24 AM / 3 months ago

BRIEF-Toshiba CEO: No plan to postpone May 19 deadline for 2nd round of bidding for chip unit

May 15 (Reuters) - Toshiba Corp Chief Executive Officer Satoshi Tsunakawa:

* aim to explain legitimacy of Toshiba's position in chip unit sale to bidders and try to wipe out concerns

* no plans to postpone May 19 deadline for second round of bidding for chip unit

* company not violating joint venture contract, Western Digital has no grounds to stop chip sale process

* aim to explain to Western Digital that Toshiba is not breaching JV contract, hope to continue dialogue with Western Digital CEO Source text for Eikon: Further company coverage: (Reporting by Makiko Yamazaki)

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