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Foxconn offers up to USD 27 bln for Toshiba ops - report

Tuesday 11 April 2017 | 10:26 CET | News

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Taiwan's Hon Hai Precision Industry (Foxconn), South Korea's SK Hynix and chipmaker Broadcom have all submitted preliminary bids for Toshiba's semiconductor operations, Bloomberg reported, citing sources familiar with the matter. Hon Hai has indicated it may pay up to JPY 3 trillion (about USD 27 billion), in part to force Japanese management into negotiations, said one of the sources.

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Categories: General
Companies: Broadcom / Foxconn / Hon Hai Precision Industry / SK Hynix / Toshiba
Countries: World
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