The cost of flash memory could rise and impact the cost of production for the Mac Pro and other hardware in the future, as memory producer Western Digital and Toshiba revealed a mid-June power outage temporarily lowered its production capacity, destroying 15 exabytes of storage.
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Toshiba has received approval from the Chinese government to sell a majority stake of its chip unit, in a move that could affect dealings for the NAND flash memory used in iPhones and other Apple devices.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.