Apple to join Toshiba bidding

Apple and computing giant Dell will join a Foxconn-led consortium bidding for Toshiba’s highly-prized chip unit, the head of the world’s largest contract electronics manufacturer has said.

Terry Gou, Foxconn’s founder and chief executive, said US-based Kingston Technology, a maker of memory products, would also be part of the bidding group, while Amazon.com was close to joining.

The Taiwanese firm is also in discussions with Google, Microsoft and Cisco Systems about their participation in the bid, he said. But, he declined to say how much Apple and other US firms planned to invest.