Apple-backed Foxconn makes case to buy Toshiba chip unit

Apple-backed Foxconn makes case to buy Toshiba chip unit

A Foxconn Technology Group hard drive cable from an Apple Inc. MacBook Pro laptop computer sits on a hard drive in an arranged photograph in Bangkok, Thailand. Photographer: Brent Lewin/Bloomberg

Terry Gou, the billionaire behind Apple Inc.’s iPhone factories, is pressing his case to acquire Toshiba Corp.’s memory chips business in a last ditch effort to beat out two American buyout firms in the tumultuous auction.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter