Apple Ready to Team with Foxconn for Toshiba Memory Business Bid

· Jeff Gamet · News

Foxconn and TSMC bidding on Toshiba's flash NAND memory division

Apple is reportedly interested in bidding on Toshiba’s NAND flash memory business, and is looking into teaming up with Foxconn to make it happen. Apple is looking to invest several billion dollars in the company for at least a 20% stake that it would share with Foxconn.