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Technology

Key Apple suppliers approached for possible Arm sale

TSMC and Foxconn among those interested in SoftBank-owned chip designer

SoftBank bought U.K.-based chip company Arm for $32 billion in 2016. (Photo by Maho Obata)

HONG KONG/TAIPEI -- Key Apple suppliers including Taiwan Semiconductor Manufacturing Co. and Foxconn are among the companies showing interest in a possible investment in U.K.- based chip designer Arm Ltd., according to people familiar with the discussions.

Representatives of SoftBank Group, which bought Arm four years ago for $32 billion, and bankers have contacted several tech giants for a possible sale of Arm. In addition to TSMC, the world's biggest contract chipmaker, and Foxconn, the world's largest contract electronics manufacturer, these include Apple, Qualcomm, the leading mobile chip developer, and Nvidia, the biggest graphic processor chip developer, sources said.

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