Acquiring Toshiba’s chip-making business could still be in play for Apple after all, even though the company’s previous attempts to secure the coveted division with Foxconn fell through.
According to a new report, Apple is part of a “last-ditch” bid to acquire Toshiba’s chip-making ability along with Bain Capital and a few other players. If successful, the acquisition could give Apple a serious weapon in its battle with Samsung for smartphone supremacy.
iPhone-assembler Foxconn may be about to get some help from none other than Apple in its quest to buy Toshiba’s chipmaking business.
Apple is reportedly considering whether to make a huge multi-billion dollar investment in the world’s second-largest memory chip maker. If the deal goes through, it would give Foxconn and Apple a major advantage over other smartphone manufacturers.
Apple’s most important manufacturing parter is getting ready to make a huge investment that could make it one of the world’s biggest chipmakers.
The Japanese government is hoping Toshiba will sell itself to a domestic company, but Taiwan’s Hon Hai Precision Industries (aka Foxconn) is preparing to make a huge offer for the company that could shake up the tech world.