Apple Store
APPLE is reported to be mulling over a move for Toshiba’s semiconductor business.
The technology giant is said to be considering a joint bid with the Taiwanese iPhone manufacturer Foxconn to bid for the business. The move would require an investment of several billion dollars for a 20 per cent stake in the business, reported Reuters, and would involve Toshiba retaining a partial holding.
Foxconn participated in the first round of an auction to acquire the business, which Toshiba is selling to raise funds to cover the multi-billion write-downs on its US nuclear division, which has put the company at risk.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
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