It looks like this story was written after the original Speculation and Rumor about Apple and Umc link. Sounds like Apple was looking at IBM's division that was sold to GF and might have decided to get directly invovled with GF, after IBM made the sale to GF. We all know the links between Poet and GF so is this another possible link that would tie Apple and Poet together?
http://www.insidermonkey.com/blog/did-apple-inc-aapl-buy-its-own-chip-plant-or-not-198482/
AppleInsider originally thought maybe United Microelectronics Corp (ADR) (NYSE:UMC) was involved; CNET followed up and believes that the deal instead involves Apple Inc. (NASDAQ:AAPL) partnering with GlobalFoundries, potentially with a sizable investment. Apple and GlobalFoundries are supposedly testing out the latter’s new $6 billion plant in New York, and SemiAccurate still thinks that Apple is purchasing a piece of one of GlobalFoundries’ plants.
Munster also speculates that Apple could potentially acquire International Business Machines Corp. (NYSE:IBM)‘s process development division, which is rumored to be up for sale. Apple currently co-develops process technology with Samsung, which is partially why it’s taken so long to transition chip production away from the South Korean giant. Going it alone would further distance Apple from its biggest competitor.