Another huge technology firm decides Israel is the place to be.
In January, U.S. electronics firm Apple confirmed its purchase of Israeli flash memory company Anobit. Apple often uses its vast cash reserves to buy small companies with interesting technology, and Apple is already using Anobit’s products for “packing more storage capacity into Macs and iOS devices at lower prices, with the same level of component reliability and longevity,” according to AppleInsider.
Why did Apple go to Israel to find this kind of chip research?
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