China: Tsinghua unit Unisplendour scraps $3.78b investment plan in US-based Western Digital

China: Tsinghua unit Unisplendour scraps $3.78b investment plan in US-based Western Digital

A variety of SanDisk memory cards are seen with a Western Digital hard drive box . REUTERS/Rick Wilking

The U.S. hard-disk maker, Western Digital Corp, said on Tuesday that China’s Unisplendour Corp Ltd had scrapped its planned $3.78 billion investment in the company, a move that in turn alters the terms of Western‘s deal for rival SanDisk Corp.

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