Apple joins last-ditch bid for Toshiba’s chip division

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Toshiba
Toshiba is ready to go public.
Photo: Toshiba

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.

Apple may help rescue Toshiba’s chipmaking business

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Foxconn Wisconsin
Foxconn wants Toshiba's chip business.
Photo: Foxconn

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.

Foxconn may pay $27 billion for Toshiba’s chip business

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Foxconn Wisconsin
Foxconn is taking over everything.
Photo: Foxconn

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.