Bain bid for Toshiba unit: Apple 'chipping in US$3b'

New York

APPLE Inc is playing the role of kingmaker in the contentious battle for Toshiba Corp's memory chips business.

The iPhone maker is in talks to provide about US$3 billion in capital for Bain Capital's bid for the unit, adding to financial support from Dell Inc, Seagate Technology plc and SK Hynix Inc, according to people familiar with the matter.