Apple Buys Israeli Flash Manufacturer
Lucas123 writes "According to published reports Apple is plunking down up to $500 million to purchase solid-state drive start-up Anobit Technologies. Even Israeli Prime Minister Benjamin Netanyahu tweeted about the deal congratulating Apple on its first acquisition in his country. Apple is planning to use the acquisition to set up to set up a semiconductor development center in Israel. Apple already uses NAND flash from Anobit in its iPhone, iPad and MacBook Air products, according to the reports."
They design, they don't fab. Just like PA Semi which Apple bought earlier. Apple designs products and product components but then outsources their manufacture. They aren't interested (so far) in owning fabrication plants. They can be more agile if they can switch manufacturers as their requirements change.
Very often, people confuse simple with simplistic. The nuance is lost on most. - Clement Mok