Sunday, February 25, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
MWC: The Cat S61 Smartphone Measures Distances, Senses the Quality of Air
MWC: TCL Introduces Alcatel 5, 3 and 1 Smartphone Series, Android Oreo Smartphone and Tablets
IBM Researchers Talk About the Future of EUV at SPIE
Xiaomi and Microsoft Expand Their Collaboration in cloud, Devices and AI Areas
Google's Augmented Reality SDK ARCore 1.0 Released, Google Lens Updated
Google Assistant is Going Global
TEAC Releases New Reference Series Hi-Res Audio Models
First Affordable Android Go Smartphones Coming Next Week
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Foxconn...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 01, 2017
Foxconn Is Bidding for Toshiba Chip Business


Terry Gou, founder and chairman of Taiwan's Foxconn Technology, confirmed that his company is bidding for the chip business of Toshiba and appeared confident it can buy into it.



Gou was speaking as Foxconn, formally known as Hon Hai Precision Industry, broke ground for a 61 billion yuan ($8.87 billion) flat-screen display factory in Guangzhou province, southern China.

Toshiba is considering selling the majority of its marquee flash-memory chip business, as it seeks to make up for a $6.3 billion writedown from its nuclear operations.

Gou declined to say how much of the Japanese company's chip business Foxconn was interested in.

"I cannot say we are for sure getting it, but we are very confident. We are also very sincere," Gou said.

Gou said Foxconn was open to teaming up with partners on any bid for Toshiba's chip business, adding anything was possible.

Toshiba wants to raise at least 1 trillion yen ($8.8 billion) in part by selling most of its flash memory chip business.



Previous
Next
Twitter To Use Algorithms to Tackle Abusive Content        All News        Intel Showcases 5G Advancements at 2017 Mobile World Congress
Twitter To Use Algorithms to Tackle Abusive Content     General Computing News      Intel Showcases 5G Advancements at 2017 Mobile World Congress

Get RSS feed Easy Print E-Mail this Message

Related News
Foxconn to Focus On Display and 8K Camera Manufacturing
Foxconn to Invest $340m in AI venture
iPhone Assembler Hon Hai to Get OLEDs from Sharp
Toshiba Reveals Fresh Canvio Portable Hard Drive Models
Toshiba Officially Unveils Mainstream RC100 NVMe SSD Series
Struggling Toshiba Sells Westinghouse to Brookfield
Toshiba Introduces the Symbio Smart Home Solution With Alexa Support
Toshiba to Unveil New RC100 NVMe and Portable XS700 SSDs at CES 2018
Toshiba to Prepare New Semiconductor Fabrication Facility
Toshiba Introduces New AL15SE 10,500rpm Enterprise Performance HDD
Toshiba and Western Digital Reach Settlement, Agree to Strengthen Flash Memory Collaboration
Toshiba and Western Digital Close to Agreement Over Memory Chip Sale

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .