Western Digital Snubs Washington, Eyes Beijing Largess With China JV

Just a half year after Washington killed its plans for a major investment from China, memory storage giant Western Digital is thumbing its nose at U.S. security regulators by moving ahead with joint venture that was part of the earlier tie-up plan. I’m probably overstating Washington’s objections in this instance, since U.S. officials never formally vetoed a deal that would have seen Western Digital sell 15% of itself to China’s Unisplendour for $3.8 billion.

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