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Topic: Toshiba

Toshiba settles dispute with Western Digital, clears way for Bain deal

12/12/2017, 06:12 pm

In a joint announcement issued on Tuesday, Toshiba and Western Digital said they will settle a dispute over the Japanese firm's plans to sell its memory chip unit to a consortium led by Bain Capital, signaling an end to the long-running saga is near.

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Declaration of Apple and Bain Capital's $18B deal for Toshiba's chip business imminent

09/28/2017, 12:09 am

Apple has reportedly finished negotiation of its financial arrangement with Bain Capital and other investors, with a possible announcement of terms of the consortium's deal for Toshiba's chip foundry to be made public as soon as Thursday.

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Toshiba picks Bain consortium as winner for its memory unit, likely backed by Apple

09/20/2017, 01:09 pm

Toshiba on Wednesday announced an $18 billion agreement to sell its memory chip business to a group of companies led by U.S. equity firm Bain Capital, one prominent backer likely being Apple.

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Apple mulling $3B investment in Bain bid for Toshiba chip business, report says

09/14/2017, 12:09 am

In what could be Apple's largest single outside investment since its acquisition of Beats, the company is supposedly in discussions to put up around $3 billion toward Bain Capital's bid for Toshiba's memory chip business.

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Toshiba to sell chip unit to Western Digital for $18.3B, report says

09/11/2017, 11:09 pm

A new report claims Toshiba will sell its memory chip business to a consortium led by technology partner Western Digital, potentially ending a contentious months-long search for a buyer that included candidates Apple and its manufacturing partner Foxconn.

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Proposed deal would give Foxconn 25%, Apple 20% of Toshiba's chip division

09/07/2017, 09:09 am

Foxconn is pressing hard for a deal that would give it 25 percent of Toshiba's chip manufacturing business -- an arrangement that would end up with Apple controlling 20 percent of the equity as well.

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Toshiba chip business sale process continues, with Apple-backed Bain Capital offering $17.4 billion

08/30/2017, 11:08 am

In a last-minute effort to secure Toshiba's chip manufacturing business before another deadline passes, Bain Capital in conjunction with Apple has reportedly placed a bid of $18.2 billion.

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Apple's 'iPhone 8' to come with 64, 256 or 512GB of storage, 3GB of RAM - report

08/23/2017, 09:08 am

Apple is planning to ramp up storage options across the board with this fall's "iPhone 8," selling 64-, 256-, and 512-gigabyte models, according to a Chinese report.

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Toshiba in talks with Western Digital, Apple-backed Foxconn consortium about chip unit sale

07/11/2017, 10:07 am

Despite having picked another group as the preferred bidder for its memory business, Toshiba is reportedly talking to two other interested parties as well -- Western Digital, and a Foxconn consortium including Apple, Dell, and Kingston.

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Toshiba sues Western Digital for $1.07B to keep sale of memory chip unit on track

06/28/2017, 09:06 am

Toshiba on Wednesday filed a $1.07 billion lawsuit against Western Digital in Tokyo District Court, trying to halt any intervention in the sale of Toshiba's memory chip business to a consortium including Bain Capital and Japanese government investors.

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$18 billion deal for Toshiba's memory division further challenged by Western Digital

06/26/2017, 10:06 am

Extending the saga even further, Western Digital has notified Toshiba's board of directors that it formally opposes Toshiba's sale of its memory division to any group that has ties to its primary competitor SK Hynix -- and the favored consortium is relying on funding from it.

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Foxconn CEO insists that his investment group still has '50% chance' of landing Toshiba deal

06/23/2017, 08:06 am

Refuting speculation that the deal to buy Toshiba's memory division is effectively done. Foxconn Chairman Terry Gou declared on Friday that he expects that his company still has a '"50 percent chance" of winning.

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Apple supplier Foxconn planning $10B US investment, eyeing six states for display plant

06/22/2017, 12:06 pm

Apple's main assembly partner, Foxconn, is reportedly planning to invest $10 billion or more across several U.S. states, although the company is still deciding on which ones -- including where to put a $7 billion display plant.

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Toshiba selects winning bidder for chip business, rules out Apple/Dell/Foxconn consortium

06/21/2017, 01:06 pm

Toshiba has chosen a consortium formed by Bain Capital, Mitsubishi, and Japanese government investors as the preferred bidder for its memory chip business, effectively locking out a Foxconn-led consortium including the likes of Apple and Dell.

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Apple & Amazon paying into Foxconn bid for Toshiba's memory unit

06/05/2017, 09:06 am

Apple and Amazon will "chip in funds" towards a Foxconn bid for Toshiba's memory unit, Foxconn chairman Terry Gou revealed on Monday.

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Apple, other smartphone builders taking NAND that Nintendo needs for Switch production

05/30/2017, 11:05 am

Reports from the supply chain claim that Nintendo is suffering a component shortage for its popular Switch console, induced by Apple's need for the iPhone and other smartphone manufacturers.

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State-backed fund may take minority stake in Toshiba's memory unit to prevent foreign buyouts

04/18/2017, 11:04 am

The state-supported Innovation Network Corp of Japan may pursue a minority stake in Toshiba's memory business, allowing the government to block the sale of a majority stake to businesses deemed risky to national security -- including two Apple suppliers, according to a report.

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Apple considers investing 'several billion dollars' for stake in Toshiba chip business, report says

04/14/2017, 04:04 am

According to the latest industry whispers surrounding the sale Toshiba's semiconductor unit, Apple is considering investing several billion dollars in a bid that would give it and partner investor Foxconn a more than 20 percent stake in the business.

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Toshiba likely to reject $27B memory business bid by Apple manufacturer Foxconn

04/12/2017, 09:04 am

Toshiba may turn down a bid for its memory business by Apple manufacturer Hon Hai -- better known as Foxconn -- despite the latter being willing to outbid others by billions of dollars.

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Apple-connected bidders raise stakes in bids for Toshiba's memory business

04/10/2017, 09:04 am

Three Apple suppliers -- Hon Hai/Foxconn, SK Hynix, and Broadcom -- are reportedly dogged in their determination to bid for Toshiba's memory business, despite strong preferences by both Toshiba and the Japanese government for a domestic buyer.

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