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Western Digital (WD) (WDC.O) has sought international arbitration and asked partner Toshiba (6502.T) to stop selling its chip business without its consent, which could interfere with the much-needed capital injection of Toshiba.

Western data has long been a joint venture partner for Toshiba, and operates a major semiconductor plant located in Japan. People familiar with the matter said that Western data has been on the Toshiba chip business bid, but its offer can not catch up with Taiwan Hon Hai and the US chip maker Broadcom (Broadcom).

Western data said early Monday that the International Court of Arbitration has been launched in the International Court of Arbitration proceedings, requiring Toshiba to reverse the joint venture into an independent entity action, and did not get Western data under the consent of SanDisk, stop selling chip business.

Toshiba argues that under either joint venture agreement, neither party has the right to prevent the other party from changing its control. Toshiba said that Western data in the acquisition of SanDisk after the acquisition of the interests of both sides of the joint venture, never sought or received the consent of Toshiba.

But Western data claims that Toshiba's move violates both sides' agreements.

Blanking procedures may be delayed for months or more, leading to the listing of Toshiba on the Tokyo Stock Exchange. Toshiba needs to sell the chip business funds to raise the share capital, so as to keep the listing qualification.

The dispute could also disrupt Toshiba's financing plan. Toshiba hopes to spin off the chip business equity as collateral, apply for a new loan to the creditor bank, but the bank said it also needs the consent of the western data.

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