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Toshiba confirms SK Hynix, Apple to invest in memory business

2017-09-28 11:24:00| Telecompaper Headlines

(Telecompaper) Toshiba's board has approved an agreement to sell the company's memory chip business to a consortium led by Bain Capital and including SK Hynix, Apple and other companies. As earlier indicated, the sale price is JPY 2 trillion, an amount that may be reduced by the value of Toshiba's stakes in joint ventures with Western Digital, if it cannot reach a legal settlement with the latter. 

Tags: business memory apple toshiba

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