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Apple considering multi-billion dollar investment in Toshiba chip unit

Apple considering multi-billion dollar investment in Toshiba chip unit

Friday, April 14, 2017, 9:50 AM

Apple Inc is considering investing at least several billion dollars in the chip business put up for sale by Toshiba Corp, public-broadcaster NHK reported. Apple wants to take a stake of more than 20% in Toshiba's chip business while convincing Toshiba to maintain a partial stake to keep the business under U.S. and Japanese control to allay the Japanese government's concerns, the report said.
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