For only the second time in recent memory, Apple has used its pile of cash to buy a hardware company and threaten survival of another tech industry. Reports say Apple is ready to spend up to $500 million to acquire Anobit, an Israel-based flash memory maker already used in the iPhone, iPad and MacBook Air. It probably didn’t hurt that the purchase could free Apple’s reliance on its courtroom buddy Samsung.
Apple Is Moving To Take Over Flash Memory Industry From Samsung
