{"id":338382,"date":"2017-04-14T13:36:30","date_gmt":"2017-04-14T05:36:30","guid":{"rendered":"https:\/\/www.macrumors.com\/2017\/04\/14\/apple-may-buy-stake-in-toshiba-memory-business\/"},"modified":"2017-04-14T13:36:30","modified_gmt":"2017-04-14T05:36:30","slug":"apple-may-spend-several-billion-dollars-to-obtain-substantial-stake-in-toshibas-memory-chip-business","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/apple-may-spend-several-billion-dollars-to-obtain-substantial-stake-in-toshibas-memory-chip-business\/","title":{"rendered":"Apple May Spend Several Billion Dollars to Obtain ‘Substantial Stake’ in Toshiba’s Memory Chip Business"},"content":{"rendered":"

Apple may spend several billion dollars to obtain a “substantial stake” in Toshiba’s memory chip business, according to Japanese public broadcaster NHK<\/a>. Reuters<\/em> cited NHK as saying Apple’s stake would be greater than 20 percent<\/a>.<\/p>\n

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Given concerns from Japanese government officials about Toshiba selling “critical technologies” to overseas buyers, Apple would reportedly have Toshiba keep some shares so that the company retains partial Japanese ownership.<\/p>\n

Apple is also considering teaming up with its manufacturing partner Foxconn, which is trying to acquire about 30 percent of the stake, the report said.<\/p>\n

Foxconn allegedly offered Toshiba up to 3 trillion Japanese yen<\/a> ($30 billion) as a standalone bid, but a subsequent report said Toshiba would likely reject the bid<\/a> due to Foxconn’s ties with China, where it operates multiple factories.<\/p>\n

Apple’s other manufacturing partner TSMC has reportedly already withdrawn its bid<\/a>, while other potential suitors are said to include technology giants Amazon and Google<\/a> and rival memory chipmakers SK Hynix and Western Digital. Apple itself was named as a potential bidder by a separate source earlier this month.<\/p>\n

Toshiba announced plans to sell its NAND flash memory business<\/a> in January in order to raise funds to cover write-down costs associated with its U.S. nuclear subsidiary Westinghouse Electric, which filed for Chapter 11 bankruptcy protection in March. The company expects to face $9 billion in related charges.<\/p>\n

Apple dual sources 32GB, 128GB, and 256GB flash storage from Toshiba and SK Hynix for the iPhone 7<\/a> and iPhone 7 Plus.<\/p>\n

Toshiba, facing an uncertain future, is supposedly expected to select the winning bidder of its memory chip business by June.<\/p>\n","protected":false},"excerpt":{"rendered":"

Apple may spend several billion dollars to obtain a “substantial stake” in Toshiba’s memory chip business, according to Japanese public broadcaster NHK<\/a>. Reuters<\/em> cited NHK as saying Apple’s stake would be greater than 20 percent<\/a>.<\/p>\n

\"\"
\n
\nGiven concerns from Japanese government officials about Toshiba selling “critical technologies” to overseas buyers, Apple would reportedly have Toshiba keep some shares so that the company retains partial Japanese ownership. <\/p>\n

Apple is also considering teaming up with its manufacturing partner Foxconn, which is trying to acquire about 30 percent of the stake, the report said.<\/p>\n

Foxconn allegedly offered Toshiba up to 3 trillion Japanese yen<\/a> ($30 billion) as a standalone bid, but a subsequent report said Toshiba would likely reject the bid<\/a> due to Foxconn’s ties with China, where it operates multiple factories.<\/p>\n

Apple’s other manufacturing partner TSMC has reportedly already withdrawn its bid<\/a>, while other potential suitors are said to include technology giants Amazon and Google<\/a> and rival memory chipmakers SK Hynix and Western Digital. Apple itself was named as a potential bidder by a separate source earlier this month.<\/p>\n

Toshiba announced plans to sell its NAND flash memory business<\/a> in January in order to raise funds to cover write-down costs associated with its U.S. nuclear subsidiary Westinghouse Electric, which filed for Chapter 11 bankruptcy protection in March. The company expects to face $9 billion in related charges.<\/p>\n

Apple dual sources 32GB, 128GB, and 256GB flash storage from Toshiba and SK Hynix for the iPhone 7<\/a> and iPhone 7 Plus.<\/p>\n

Toshiba, facing an uncertain future, is supposedly expected to select the winning bidder of its memory chip business by June.<\/p>\n

Tag: Toshiba<\/a> <\/div>\n

Discuss this article<\/a> in our forums<\/p>\n

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\"\"\/ <\/p>\n","protected":false},"author":5817,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[25],"tags":[68,69,59,26],"class_list":["post-338382","post","type-post","status-publish","format-standard","hentry","category-technology","tag-apple","tag-macrumors","tag-media","tag-technology"],"_links":{"self":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/338382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/users\/5817"}],"replies":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/comments?post=338382"}],"version-history":[{"count":0,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/338382\/revisions"}],"wp:attachment":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/media?parent=338382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/categories?post=338382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/tags?post=338382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}