Apple Seeking More Than 20 Stake In Toshiba S Chip Business Alongside Foxconn S Investment
Following earlier confusion about whether Apple or Foxconn was bidding for a stake in Toshiba’s chip-making division, it appears that the answer could be ‘both.’ Reuters cites a report by public broadcaster NHK that Apple would be making its own bid alongside the existing Foxconn one. If the deal went through, it could be bad news for Samsung – but there are a couple of hurdles to be overcome before agreement could be reached …...