18 C
New York
Wednesday, May 31, 2023

    Apple Foxconn Toshiba chip business – CWEB.com


    Apple Foxconn Toshiba chip business – CWEB.com

    Today Apple Inc is considering teaming up with its supplier Foxconn to bid for Toshiba Corp’s semiconductor business, Japanese public broadcaster NHK reported on Friday Apple is considering to invest at least several billion dollars in the chip business put up for sale by Toshiba Corp.

    Foxconn is Taiwan owned but it heavily manufactures in China where it churns out products for, among others, Apple. Japan has indicated it would not sell Toshiba’s highly sensitive chip business to China. So what will happen here?

    “Toshiba is the world’s second-largest chip manufacturer, with its products used in data centres and consumer goods worldwide, including iPhones and iPads.”

    That would make Taiwan companies the number one and number two largest chip manufacturers.

    Countries in this article  India AppleToshiba

    Related Articels :



    Please enter your comment!
    Please enter your name here


    Recent Business News

    You may like more

    Okta’s Upcoming Q1 Earnings Preview

    RBC Capital analysts shared their views on Okta, Inc....

    Microsoft Price Target Raised on AI Monetization

    Wedbush analysts raised their price target on Microsoft (NASDAQ:MSFT)...

    Salesforce’s Q1 Earnings Preview

    Deutsche Bank analysts provided their outlook on Salesforce, Inc....

    Coinbase Upgraded at Atlantic Equities, Shares Gain 6 percent

    Atlantic Equities analysts upgraded Coinbase Global Inc. (NASDAQ:COIN) to...


    Get the most important news and analyses for Free.

    Thank you for subscribing.

    Something went wrong.