Thursday, January 18, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Accelerates US investment, Plans to Pay $38 billion in Foreign Cash Taxes
Everspin Begins Volume Production of 40nm STT-MRAM
Broadcom is Under Antitrust Investigation by FTC
Google Offers AI Image-Detection Tool to Cloud Customers
New Meizu M6s Comes With Exynos 7872 SoC, New Camera
Surface Book 2 Coming to More Markets
Samsung to Offer Athletes PyeongChang 2018 Olympic Games Limited Edition Smartphone
YouTube Revises Rules to Protect Advertisers From Offensive Content
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 > Apple, ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, June 12, 2017
Apple, Dell, Kingston, Amazon, Could Join Foxconn In Bid for Toshiba Chip Business


Terry Gou, founder and chairman of Foxconn has revelaled that Apple and Dell are among the copmpanies which will join a Foxconn-led consortium bidding for Toshiba's chip unit.



Speaking to Reuters, the CEO of the world's largest contract electronics manufacturer named that Kingston Technology would also be part of the bidding group, while Amazon.com was close to joining. The Taiwanese firm is also in discussions with Google, Microsoft and Cisco Systems about their participation in the bid.

He did not comment on the total size of the offer or say how much Apple and other U.S. firms planned to invest.

"I can tell you Apple is in for sure," Gou said in an interview, adding that its participation had been approved by the Chief Executive Tim Cook and Apple's board of directors.

Toshiba is rushing to find a buyer for the world's second-largest producer of NAND chips, which it values at $18 billion or more, to cover billions of dollars in cost overruns at its now-bankrupt U.S. nuclear business Westinghouse Electric.

Gou said that Foxconn-led consortium contained no Chinese capital and had the advantage of not inviting as much antitrust scrutiny as other suitors.

Western Digital also plans to raise its offer for Toshiba's semiconductor unit. The U.S. chipmaker is part of a consortium led by a Japanese government-backed fund and the group will present the new offer of 2 trillion yen ($18 billion) or more.

Western Digital is pursuing an international arbitration claim that Toshiba has breached joint-venture contracts by entertaining outside bids.



Previous
Next
Creative Targets Audiophiles With New Sound BlasterX AE-5 Gaming Sound Card        All News        Qualcomm Turns to TSMC Over Samsung For 7nm Chips
Toshiba Faces New Lawsuit Over Accounting Scandal     General Computing News      Qualcomm Turns to TSMC Over Samsung For 7nm Chips

Get RSS feed Easy Print E-Mail this Message

Related News
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
Toshiba Moving Closer to Deal With Western Digital
Toshiba Launches First 14TB HDD with Conventional Magnetic Recording

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 .