In the coming weeks, Toshiba will unveil a final decision concerning selling a majority stake in its lucrative memory business. Bloomberg reported this morning that iPhone manufacturer Foxconn’s preliminary bid for Toshiba’s semiconductor unit is valued at a whopping $26.93 billion. According to Bloomberg’s sources, that amount is in part to force negotiations, using a bid that’s too high to ignore.
DigiTimes estimated this week that flash memory chips for smartphones will remain in high demand throughout 2017 because supply shortages are reportedly “worse than expected” as chip makers are currently transitioning from older 2D NAND to newer 3D NAND technology.
According to a report Friday in The Korea Herald newspaper, citing Mirae Asset Daewoo Securities analysts, Toshiba may spin off of its lucrative NAND flash unit and sell the stake to Western Digital, narrowing the technology and market share gap with its bigger rival Samsung Electronics.
If a new supply chain report out of Asia Friday is to be trusted, Apple’s arch-rival Samsung is supplying it with RAM chips for the upcoming iPhone 6 refresh. This comes as somewhat of a surprise given Apple’s been fighting tooth and nail to supplant the South Korean conglomerate with alternative component suppliers amid intensifying competition, aggressive advertising and never-ending legal issues plaguing its relationship with Samsung.