New location in the works

New location in the works

Apple and Israel are in business. According to the Israel Business News, Apple Inc. plans to open a development center in Israel focusing on semiconductors.

This was announced after the Israeli financial newspaper, Calcalist, reported last week that Apple is considering buying Israeli flash memory technology maker Anobit Technologies Ltd. for nearly $500 million, Israel Hayom reported.

Anobit chips are already used by Apple to improve flash drive performance in the iPhone, iPad and MacBook Air devices. Apple could save between 10 and 20 percent on its memory purchases by acquiring the company.

Apple corporate Vice President of Research and Development Ed Frank is currently visiting Israel, and Aharon Aharon, formerly from Camero Tech Ltd., which develops Radio Frequency (RF)-based imaging systems, will lead the new development center. If the deal with Anobit goes through, it would become one of Apple’s biggest acquisitions and the first in Israel.