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5 Bidders Besides Apple Who Have Their Eyes And Wallets On Toshiba's Chip Business

Toshiba's chip business is the hottest thing on the market right now, with companies like Apple and Foxconn willing to dish out billions of dollars for it. These bidders have their eyes on the sale.

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SK Hynix

According to the Maeiul Business Newspaper, a consortium led by South Korea-based SK Hynix has offered to pay for a majority stake in Toshiba's memory chip business.

According to reports, SK Hynix, which has a broad NAND flash memory chip portfolio, has partnered with various Japanese financial institutions to offer to pay more than $9 billion for the chip business.

In February, SK Hynix's CEO Park Sung-wook said the company would consider a fresh bid if Toshiba should make another offer.

 
 
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