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Saturday, April 15, 2017

Toshiba’s memory biz sale attracts many, including Apple

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Apple may be considering partnering with its China-based supplier Foxconn to purchase a major stake in Toshiba’s semiconductor unit.

In January, Toshiba officially announced it would seek to sell a portion of its flash memory business, including the SSD business of the Storage & Electronic Device Solutions Division, to a not-yet-named buyer.

[ Further reading: Face-to-face without frustration: The HP Elite Slice for Meeting Rooms ]

The Nikkei Asian Review has reported that Toshiba may sell a 20% stake in the memory business for between $1.77 billion and $2.65 billion, “while retaining a majority stake and keeping the new company in group earnings.”

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April 15, 2017 at 05:09PM

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from Lucas Mearian

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