The report specified that Apple is willing to spend billions of dollars to obtain a substantial stake and to secure a stable supply of memory chips for its iPhones. Toshiba is the world's second-biggest memory chip maker and this business in on sale by the company.
Until a week ago, the U.S. companies, Western Digital and Silver Lake Partners, were the strongest candidates because the Japanese government and Toshiba did not want to sell its chip unit to Chinese companies in fear of a technology leak. As for Apple, we have to point out its costliest confirmed acquisition to date was that of Beats Electronics for $3 billion, with $1 billion recently contributed to the growth of Uber's Chinese "killer" Didi.
Yukihito Uchida, a spokesman for Toshiba, declined to comment on Apple's involvement and the NHK article.
Earlier this week, Toshiba finally released its first financial report in nine months, reporting a US$5.9 billion dollar loss due to the problems at nuclear power business Westinghouse.
Any acquisition of the memory chip business faces hurdles. Western Digital, Toshiba's partner in the memory chip business, claims that by selling the division, Toshiba will violate a joint venture contract they both signed. It is also demanding exclusive negotiating rights.
OnePlus 5 Rumored To Feature 8GB RAM and Dual Rear Cameras
The release of this phone is not yet confirmed by the company, but we are expecting it to happen in the second half of this year. Regardless of what it is being called, the upcoming OnePlus flagship is easily one of the most anticipated phones in 2017.
Auditors suggest - "It is an unusual move for a Japanese company-and with a warning that the entire company could collapse".
The iPhone maker is actively looking at options for helping the troubled Japanese company by investing in its semiconductor unit, which has been put up for sale, according to people familiar with the matter.
The report noted that Foxconn is preparing to begin negotiations with Japanese banks and related companies over the deal.
Toshiba's semi-conductor unit is now the world's second largest flash memory chip manufacturer.