It looks like Western Digital is back in the running to buy Toshiba's memory chip business. Reportedly the companies have been in intensive talks on the sale of Toshiba's memory chip operations, for which Western Digital is offering 1.9 trillion yen, or $17.4 billion.
Western Digital isn't the only company interested in it. Taiwanese electronics manufacturer Foxconn is also interested in Toshiba, but the company is asking $18 billion, which Foxconn probably can't match.
Around $18 billion is needed in order to cover catastrophic losses incurred by its bankrupt US nuclear power station business Westinghouse. The company is aiming to make a deal by the end of this or next month.
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