DataLife Engine / Apple may buy stake in Toshiba's semiconductor business

Apple may buy stake in Toshiba's semiconductor business

The company is considering injecting several billion dollars to buy a more than 20% stake in a plan that would have Toshiba maintain a partial holding to keep the business under the control of Tokyo and Washington.

The offer is intended to mitigate the concerns expressed by the Japanese authorities, which believe that any transfer of sensitive technology to investors poses a risk to the country’s national security.

These concerns were raised in regard to Foxconn’s participation in the auction, because of the company’s links to China. It is noteworthy that a large amount of Apple's iPhones are produced at Foxconn's enterprise there.

14-04-2017, 11:35
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