{"id":31451,"date":"2017-06-05T06:51:53","date_gmt":"2017-06-05T06:51:53","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=31451"},"modified":"2017-06-05T06:51:53","modified_gmt":"2017-06-05T06:51:53","slug":"foxconn-says-apple-amazon-join-bid-toshiba-chip-business","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/technology\/foxconn-says-apple-amazon-join-bid-toshiba-chip-business.html","title":{"rendered":"Foxconn says Apple, Amazon to join its bid for Toshiba chip business"},"content":{"rendered":"<h2 style=\"text-align: justify\">\n\t<span style=\"font-size:22px\"><strong><span style=\"color:#000000\"><span style=\"font-family:arial,helvetica,sans-serif\">Foxconn says Apple, Amazon to join its bid for Toshiba chip business<\/span><\/span><\/strong><\/span><br \/>\n<\/h2>\n<p style=\"text-align: justify\">\n\t<span style=\"color:#000000\"><span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">Apple Inc (AAPL.O) and Amazon.com Inc will join Foxconn&#039;s (2317.TW) bid for Toshiba Corp&#039;s (6502.T) semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"color:#000000\"><span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">The two U.S. technology giants plan to &quot;chip in funds&quot;, Gou said, according the interview with the newspaper. It was not immediately clear if this would take the form of a direct investment in the semiconductor unit or would be financing for the deal.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"color:#000000\"><span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">Taiwan&#039;s Foxconn, formally known as Hon Hai Precision Industry Co Ltd, has also partnered with its Japanese unit Sharp Corp (6753.T) in its bid.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"color:#000000\"><span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">Representatives for Apple and Amazon were not immediately available for comment.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"color:#000000\"><span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">Toshiba is depending on the sale of the unit, the world&#039;s second-largest NAND chip maker, to cover billions of dollars in cost overruns at its now bankrupt U.S. nuclear unit Westinghouse.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"color:#000000\"><span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">Foxconn is not seen as a frontrunner in the sale of the unit, which Toshiba has valued at at least $18 billion, due to its deep ties with China. The Japanese government has said it will block any deal that would risk the transfer of key chip technology out of the country.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:8px\"><span style=\"color:#000000\"><span style=\"font-family:arial,helvetica,sans-serif\">Source:-&nbsp;http:\/\/www.reuters.com\/article\/us-toshiba-accounting-idUSKBN18W0C4<\/span><\/span><\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/technology\/foxconn-says-apple-amazon-join-bid-toshiba-chip-business.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Foxconn says Apple, Amazon to join its bid for Toshiba chip business Apple Inc (AAPL.O) and Amazon.com Inc will join Foxconn&#039;s (2317.TW) bid for Toshiba Corp&#039;s (6502.T) semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday. The two U.S. technology giants plan to &quot;chip [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":31452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[12115,11486,19462,12569,5069,3299,547],"class_list":["post-31451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-accounting","tag-computer-and-electronics-retailers","tag-foxconn-says-apple-amazon-to-join-its-bid-for-toshiba-chip-business","tag-terry-gou","tag-toshiba","tag-united-states","tag-us"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/31451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=31451"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/31451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/31452"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=31451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=31451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=31451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}