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5 Bidders Besides Apple Who Have Their Eyes And Wallets On Toshiba's Chip Business
Chip Business Champions
Toshiba's computer chip business is up for sale – and a slew of vendors have their eyes on the group as a potential expansion of their portfolios.
The company in January said it would sell a majority stake in its memory chip business as it digs for funds to offset a multi-billion dollar writedown.
The sale comes in an industry continually rocked by acquisitions – in October, Qualcomm announced it would acquire NXP Semiconductor for $47 billion, while earlier in the year Avago Technologies acquired Broadcom Corp. for $37 billion.
Most recently, reports from NHK revealed that Apple is teaming up with its supplier, Foxconn, to bid "at least several billion dollars" for Toshiba's semiconductor business. Following are five other vendors who could be interested in the company's chip segment.