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Western Digital's Milligan and Toshiba's Tsunakawa, pictured here together in 2016, are planning to meet in August.
Business

Toshiba, Western Digital CEOs to seek compromise on chip unit

US memory company's lawsuit blocks sale as August deadline looms

| South Korea

TOKYO -- The chiefs of Toshiba and U.S. memory partner Western Digital will meet face to face as soon as this month, it was learned Monday, seeking to break a deadlock over the Japanese conglomerate's urgent effort to find a buyer for its chip memory unit.

Western Digital CEO Stephen Milligan plans to come to Japan for talks with Toshiba counterpart Satoshi Tsunakawa and figures including officials from the Ministry of Economy, Trade and Industry. Other executives from Western Digital have already arrived and are reopening negotiations.

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