ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business

Japan, US to discuss Westinghouse bankruptcy

Uncertainty over nuclear, memory businesses raises fears of technology leaks

| Japan

TOKYO -- Westinghouse Electric's bankruptcy filing and parent Toshiba's planned sale of its memory business are expected to be on the agenda at a Japan-U.S. economic dialogue here next month, with national security concerns raised on both sides.

Washington considers Westinghouse's bankruptcy a potential national security issue, an official told Reuters. The U.S.-based Toshiba unit has supplied reactors for nuclear-powered aircraft carriers and submarines, and the administration of President Donald Trump probably hopes to head off any delivery problems or potential technology outflows.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more