Toshiba has put its semiconductor business up for sale to cover losses incurred by its now bankrupt Westinghouse nuclear power business in the US.
One option under consideration is a plan for Toshiba to sell a majority stake in its chip business to US and Japanese interests, which would satisfy the governments of both nations, NHK reports.
The plan is emerging as a potentially more likely option than a total sale after Toshiba's joint-venture partner Western Digital Corp (NASDAQ: Western Digital Corporation [WDC]) warned that a sale would violate an agreement it has with the Japanese firm.
But if Toshiba does opt to offload its entire business there will be no shortage of buyers. A who's who of the semiconductor industry have been linked with Toshiba, including Broadcom Ltd. (NASDAQ: Avago Technologies [AVGO]), Micron Technology Inc. (NASDAQ: Micron Technology [MU]), SK Hynix and Western Digital Corp.
A spokesman for Toshiba declined to comment on Apple's reported interest.