Breaking News

Sony Announces the Launch of Xperia 1 VIII Kioxia Unveils High Performance KIOXIA XG10 Series SSDs for PC OEMs AMD Expands AMD Ryzen PRO 9000 Series Processor Lineup Thypoch enters autofocus market with Voyager 24-50mm f/2.8 for Sony E-mount PlayStation Plus Game Catalog for May 2026

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Foxconn, Apple and Amazon to join Bid for Toshiba Chip Business: report

Foxconn, Apple and Amazon to join Bid for Toshiba Chip Business: report

Enterprise & IT Jun 5,2017 0

Apple and Amazon.com will join Foxconn's bid for Toshiba 's semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday.

The two U.S. technology giants plan to "chip in funds", Gou said, according the newspaper. It was not clear if this would take the form of a direct investment in the semiconductor unit or would be financing for the deal.

Taiwan's Foxconn, formally known as Hon Hai Precision Industry Co Ltd, has also partnered with its Japanese unit Sharp in its bid.

Toshiba has valued its mamory chip business at least $18 billion, due to its deep ties with China. The company is depending on the sale of the unit to cover billions of dollars in cost overruns at its now bankrupt U.S. nuclear unit Westinghouse.

Toshiba will narrow down the field of interested parties for its memory business to one candidate by mid-June, and will seek to close a definitive agreement by the date of its annual ordinary general meeting of shareholders, scheduled for June 28. The company's ultimate objective is to close the transaction within FY 2017, to March 31, 2018.

Tags: Hon Hai/Foxconn Technology GroupToshiba
Previous Post
Researchers Say Silicon Nanosheets is the Path to 5nm Transistors
Next Post
Cloak and Dagger Security Hole in Android Discovered

Related Posts

  • Toshiba Canvio Flex Portable Hard Drive, Now in Metallic Blue

  • Toshiba Begins Sampling of 30-34 TB SMR Nearline Hard Disk Drives

  • World Backup Day 2026: A Backup Doesn’t Always Need to be in the Cloud

  • Toshiba to Showcase High-Performance AI and Petabyte-Scale Storage Solutions at Cloudfest 2026

  • Asustor AS5404T 4-Bay NAS System

  • Toshiba Storage Trends 2026

  • Toshiba launches S300 AI surveillance HDD for AI-driven video applications

  • Toshiba First in Industry to Verify 12-Disk Stacking Technology for Hard Drives

Latest News

Sony Announces the Launch of Xperia 1 VIII
Smartphones

Sony Announces the Launch of Xperia 1 VIII

Kioxia Unveils High Performance KIOXIA XG10 Series SSDs for PC OEMs
Enterprise & IT

Kioxia Unveils High Performance KIOXIA XG10 Series SSDs for PC OEMs

AMD Expands AMD Ryzen PRO 9000 Series Processor Lineup
PC components

AMD Expands AMD Ryzen PRO 9000 Series Processor Lineup

Thypoch enters autofocus market with Voyager 24-50mm f/2.8 for Sony E-mount
Cameras

Thypoch enters autofocus market with Voyager 24-50mm f/2.8 for Sony E-mount

PlayStation Plus Game Catalog for May 2026
Gaming

PlayStation Plus Game Catalog for May 2026

Popular Reviews

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

Crucial T710 2TB NVME SSD

Crucial T710 2TB NVME SSD

JSAUX 65Wh Rog Ally Battery

JSAUX 65Wh Rog Ally Battery

Introducing PriceHub

Introducing PriceHub

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed