Apple Inc is due to the fact teaming up with its organization Foxconn to bid for Toshiba Corp's semiconductor company, public broadcaster NHK spoke of on Friday - the newest twist in the sale of the world's 2nd-largest flash memory chipmaker.
Apple is on the grounds that investing at least several billion dollars to take a stake of more than 20 percent in a plan that would have Toshiba retain a partial stake to retain the enterprise below US and jap handle, NHK said, citing an unidentified source.
The idea is geared toward allaying the jap govt's concerns over any transfer of sensitive technology to traders it deems a risk to national safety, it mentioned.
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Apple become now not immediate purchasable to remark. Taiwan's Foxconn, formally called Hon Hai Precision industry, declined to remark.
The document comes as Western Digital Corp, Toshiba's companion and one of the vital bidders of its chip enterprise, warned this week that the eastern firm is violating a joint venture contract in plans to promote to its chip unit, and entreated that it's given exclusive negotiating rights.
Toshiba has narrowed down the container of bidders for its chip unit to 4 suitors, sources have mentioned up to now.
they're US chipmaker Broadcom Ltd, which has partnered with private equity company Silver Lake partners LP; South Korean chip maker SK Hynix; Foxconn, the area's largest contract electronics maker, and Western Digital.
($1 = 109.1300 yen)
