| Cult of Mac

Apple to sell back its stake in Toshiba Memory after just 1 year

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Toshiba
Toshiba is ready to go public.
Photo: Toshiba

Apple could be about to sell back its stake in Toshiba Memory less than a year after acquiring it.

A new report claims Toshiba plans to buy back the shares it sold to Apple, Dell, Kingston, and Seagate after securing billions in loans from Japanese banks. It’s thought Toshiba later plans to become a public company.

Apple’s biggest manufacturer is buying Toshiba’s PC business

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Toshiba
Toshiba was once a leader in the PC industry.
Photo: Toshiba

The Foxconn-owned Sharp Corp. has agreed a deal to acquire an 80 percent share in Toshiba’s PC business. Foxconn currently assembles Macs for Apple, while Sharp is an iPhone display maker.

The move won’t compete directly with Apple, although it puts Foxconn and Sharp in charge of a company which, at its 2011 peak, sold 17.7 million PCs in a year. That number fell to just 1.4 million units last year. Toshiba led the world in producing some of the earliest laptops. Its first laptop launched in 1985.

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.

iPhone chipmaker will decide on U.S. plant in 2018

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TSMC and Apple: productive partnership
TSMC is one of Apple's biggest partners.
Photo: Apple/TSMC

Apple’s favorite chipmaker in Asia may be ready to move to the United States next year.

TSMC — the world’s largest contract chipmaker, and sole supplier of the A10 Fusion processor that powers the iPhone 7 — says it is weighing the benefits of setting up shop in the U.S. under President Donald Trump.