Apple mulls ¥50 billion investment in Toshiba chip unit

Business / Corporate Sep 8, 2017

Apple mulls ¥50 billion investment in Toshiba chip unit

Apple Inc. is considering joining a Western Digital Corp. bid for Toshiba Corp.'s chip unit and investing around ¥50 billion ($460 million), sources close to the matter said Friday. Western Digital, Toshiba's chip venture partner, has approached Apple because the U.S. data storage company plans ...