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Apple may bid for Toshiba Memory business

While speculation on bidders for Toshiba’s (TOSYY +2.3%) NAND business has centered on Broadcom (NASDAQ:AVGO), as well as Micron, Western Digital and SK Hynix, Apple (AAPL +0.1%) may be among bidders as well, according to a Japanese publication.

Barron’s notes that a Google translation of Yomiuri Shimbun suggests such a purchase is interesting Apple as well.

Fair value for Toshiba Memory may be around ¥1T, though Toshiba would like to see ¥2T (about $17.9B), and that’s the price reports are attaching to the Broadcom/Silver Lake bid.

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