"CIO" said : Apple said to be targeting a stake in Toshiba's memory chip business

The memory chip business reported a profit of $934 million on sales of $5.8 billion. Any acquisition of the memory chip business faces hurdles. 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 memory chip business is one of the Toshiba's jewels, but is up for sale as part of Toshiba's attempts to dig itself out of a multi-billion dollar hole caused by the collapse of Westinghouse. The release came without the blessing of auditors -- a highly unusual move for a Japanese company -- and with a warning that the entire company could collapse.


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Apple seeking 'more than 20%' stake in Toshiba's chip business alongside Foxconn's investment

It appears that another Apple supplier reported to be bidding, TSMC, has now dropped out. Apple is considering teaming up with its supplier Foxconn to bid for Toshiba's semiconductor business, public broadcaster NHK said on Friday […] Apple is considering investing at least several billion dollars to take a stake of more than 20 percent. After Samsung, Toshiba is the world's second-largest manufacturer of flash memory, so having control of the company could allow Apple to reduce its dependence on Samsung components. Apple appears to be attempting to reduce its dependence on outside suppliers as it designs more of its own chips, and having a sweetheart deal with a chip supplier would have obvious appeal. Finally, two other players remain in the game: Broadcom and SK Hynix, chipmaking companies from the U.S. and South Korea respectively.