Back on April Fool's Day, we told you about a number of tech firms that were interested in buying Toshiba's memory chip business.
The American firm is supposedly collaborating with its supplier Foxconn and is "willing to spend billions of dollars" in order to acquire a "substantial stake" with Toshiba in the Japanese firm's semiconductor business.
Apple was not immediately available to comment. Thus, Toshiba has to prepare their mind to sell this business to overcome from this multi-billion dollar loss.
Western Digital wants to be given exclusive negotiating rights.
Western Digital, one of Toshiba's business partners and one of the bidders for the chip business, warned that Toshiba would be violating a joint venture contract by selling the business.
The business is run as a joint venture with Western Digital under a deal that is said to give the USA company exclusive negotiating rights over any acquisition of Toshiba's stake.
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The proposal is aimed at allaying the Japanese government's concerns over any transfer of sensitive technology to investors it deems a risk to national security, it said.
The release came without the blessing of auditors - a highly unusual move for a Japanese company - and with a warning that the entire company could collapse.
Toshiba chips feature in smartphones but also computers and data centres.
Broadcom Ltd - U.S. Chipmaker - Partner with private equity firm Silver Lake Partners LP. The remaining players include South Korea chip producer SK Hynix, Foxconn and Western Digital.
Toshiba has narrowed the original group of contenders for the chip business after a first round of bidding.