Report: Apple to sell back its stake in Toshiba Memory as part of chip company’s refinancing plans

In June last year, Toshiba sold its memory division to a four-company consortium that included Apple. However, now, Toshiba is going to buy back the shares it sold off to Apple, Dell, Kingston and Seagate – as reported by the Wall Street Journal. The companies are expected to collect a tidy profit from their investment.

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