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Topic: SK Hynix

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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Toshiba narrows bidders for memory business, may have dropped Apple

04/07/2017, 09:04 am

Toshiba has reportedly shrunk the group of bidders for its memory business from about 10 to a number that may no longer include Apple, though no binding offers have been made, and more bidders could potentially join.

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Japan's national security could block Apple suppliers Foxconn & TSMC from Toshiba memory stake

03/10/2017, 09:03 am

The Japanese government is preparing to vet the security of potential bidders for a majority stake in Toshiba's memory business -- something that could give U.S. companies an edge, but stop Apple suppliers Foxconn and TSMC, a report said on Friday.

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