Monday, April 17, 2017

Apple Swooping In To Pick Over Toshiba's Pieces

Apple Is Considering Teaming Up With Foxconn To Bid For Toshiba Chip Unit

Apple is reportedly considering getting together with its iPhone assembler Foxconn Technology to bid for Toshiba’s semiconductor business, a Japan public broadcaster NHK reported Friday, according to Reuters. Apple would be making its own bid next to Foxconn’s bid, and is considering investing at least several billion dollars for a stake of more than 20 percent.…