Apple May Also Be Among Bidders for Toshiba’s NAND Flash Chip Unit

Apple (AAPL) may be among possible bidders for Toshiba’s NAND flash chip unit, according to Japan’s Yomiuri Shimbun.

On Thursday, Nikkei Asian Review reported Broadcom (AVGO) and U.S. private-equity firm Silver Lake Partners tendered a 2 trillion yen ($18 billion) bid for the unit.

The company received about 10 bidders in the first round, ended Thursday, with bids as high as 2 trillion yen, Reuters said.

A source earlier told Reuters Western Digital Corp (WDC) and Micron Technology (MU), SK Hynix Inc and financial investors were among those expressing interest. The Japanese government-backed Innovation Network of Japan Corp and the Development Bank of Japan were also expected to submit bids as part of a consortium, sources have told Reuters.

Separately, Reuters said Toshiba may not be able to decide on the favored bidder or group for its semiconductor business by its general shareholder meeting in late June, citing a person with direct knowledge of the matter. He had previously said the decision would be made in May, or at least before the shareholder meeting.

By Kristin Senesi