0
General

Toshiba narrows bidders for semiconductor ops - report

Monday 10 April 2017 | 08:48 CET | News
The number of bidders for Toshiba's semiconductor business has been narrowed from the 10 original interested parties to a smaller group of bidders, including Taiwan's Hon Hai Precision Industry (Foxconn) and and Korea's SK Hynix, Bloomberg reported, citing sources familiar with the matter, who said that Silver Lake Management and Broadcom were also still in. The offers, still non-binding, are at about JPY 2 trillion (USD 18 billion). The Japanese government is unlikely to allow the sale to Hon Hai or Hynix because of the strategic value of Toshiba's technology, the sources said.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

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

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

SK hynix consortium is top bidder for Toshiba unit - report

Published 21 Jun 2017 07:17 CET | Japan
A global consortium including South Korea's SK hyinx was tapped as preferred bidder for the sale of Toshiba's memory chip ...

Broadcom gets exclusive talks on Toshiba chip sale - report

Published 06 Jun 2017 13:49 CET | World
Broadcom will be granted exclusive negotiating rights to acquire Toshiba's semiconductor business, sources familiar with the ...

SK Hynix sets consortium to bid for Toshiba unit - report

Published 19 Apr 2017 08:21 CET | Korea, Republic of
South Korea's major chipmaker SK Hynix teamed up with US private equity firm Bain Capital to acquire Toshiba's memory division, ...

Hon Hai seeks Softbank help in Toshiba chips bid - report

Published 17 Apr 2017 08:57 CET | Japan
Hon Hai Precision Industry has asked SoftBank for cooperation in its bid to acquire Toshiba's chip unit, sources close to the ...

Apple moves in on Toshiba ops with Foxconn - report

Published 14 Apr 2017 12:48 CET | World
Apple is looking into bidding for Toshiba's semiconductor operations with Foxconn, Reuters reported, citing public broadcaster ...

'Apple wil investeren in chipdivisie Toshiba'

Published 14 Apr 2017 10:22 CET | World
Apple denkt er over na om de chip-divisie van Toshiba over te nemen. Dat schrijft althans de Japanse publicatie NHK op basis van ...

Toshiba to consider IPO of Landis + Gyr

Published 12 Apr 2017 10:14 CET | World
Toshiba has added a potential IPO of Landis + Gyr as a way to raise cash to improve its balance sheet. Toshiba owns 60 percent of ...

SK hynix offers KRW 10 tln for Toshiba memory unit - report

Published 29 Mar 2017 07:41 CET | World
South Korean chipmaker SK hynix has joined the preliminary bid to acquire the memory chip business of Japan's Toshiba, Yonhap ...

Toshiba to carve out Memory business for possible sale

Published 27 Jan 2017 09:53 CET | World
Toshiba plans to calve off its Memory business from 31 March through a company split. Toshiba is reviewing how to conduct the ...





Calendar   /   Industry Events

02 Aug SBA Communications Q2
02 Aug NXP Semiconductors Q2
02 Aug Arista Networks Q2
02 Aug Ceragon Networks Q2
02 Aug DSP Group Q2 2021
02 Aug ON Semiconductor Q2
02 Aug DZS Q2
02 Aug Harmonic Q2
03 Aug Infinera Q3 2021
03 Aug Akamai Technologies Q2 2021
03 Aug NeoPhotonics Q2 2021
03 Aug Alibaba Q2 2021
03 Aug RingCentral Q2 2021
03 Aug Bredband2 Q2 2021
03 Aug Sequans Q2 2021
04 Aug Intred Q2 2021
04 Aug Softbank fiscal Q1
04 Aug Lumen Technologies Q2
04 Aug EA fiscal Q1
04 Aug Viavi Q4
04 Aug 8x8 fiscal Q1
04 Aug Digi International fiscal Q3
04 Aug Roku Q2 2021
04 Aug Inseego Q2 2021
04 Aug Qorvo fiscal Q1
04 Aug Aferian interim results
04 Aug Liberty Latin America Q2 2021
04 Aug Smith Micro Q2 2021
05 Aug Motorola Solutions Q2
05 Aug Frontier Communications investors meeting
::: More Calendar Items