Apple is the latest company to be linked with a possible bid for an investment in Toshiba’s sizable computer memory business, which is up for sale.
The iPhone-maker is prepared to make a direct investment of several billion dollars in Toshiba Memory for a stake of “several tens” of percent, Japanese public broadcaster NHK reported in its lunchtime news.
The report said Apple is also considering a joint bid with Foxconn Technology, which manufactures the iPhone. Toshiba is a major supplier of components for the iPhone.
Apple could not immediately be reached for comment.
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Source: News Feed