Foxconn, the world’s largest contract manufacturer for electronics, has firmed up plans to invest up to $5 billion (around Rs 32,000 crore) in India as it looks to make the country a parallel manufacturing hub to...
Electronics
Western Digital won’t consent to SK Hynix participation in Toshiba chip unit sale
Western Digital Corp has told Toshiba Corp that it will not agree to a sale of the Japanese conglomerate’s prized memory chip unit to a preferred bidding consortium that includes rival chipmaker SK Hynix Inc...
Western Digital seeks court injunction to block sale of Toshiba chip unit
Western Digital Corp has sought a court injunction to prevent Toshiba Corp from selling its chip business without the U.S. firm’s consent – a move that threatens to throw the fiercely contested auction into...
Japan govt-led bid for Toshiba chip unit to include SK Hynix: sources
A Japanese government-led consortium bidding for Toshiba Corp’s chip business will include South Korean chipmaker SK Hynix Inc, sources familiar with the matter said – a move likely to add firepower to the...
Foxconn says Apple, Dell join its bid for Toshiba chip business
Apple Inc. and computing giant Dell Inc will join a Foxconn-led consortium bidding for Toshiba Corp’s highly prized chip unit, the CEO of the world’s largest contract electronics manufacturer told Reuters on Monday...
Western Digital to raise Toshiba chip offer in last-ditch bid – source
Western Digital Corp plans to raise its offer for Toshiba Corp’s prized semiconductor unit to $18 billion or more, a person familiar with the matter said, in a last-ditch effort to clinch a deal both companies...
Bain replacing KKR in Japan government-backed bid for Toshiba chip unit: sources
Bain Capital is replacing rival KKR & Co LP (KKR.N) in a Japanese government-led consortium bidding for Toshiba Corp’s (6502.T) prized chip unit, two sources familiar with the matter said. Bain would be a...
Toshiba aims to name buyer of $18 billion chips business on June 15
Toshiba Corp aims to name a winner for its prized semiconductor business next week, people familiar with the matter said on Wednesday, as a row with one of the bidders over the sale appeared to escalate. Sources told...
Japan Display considers deeper restructuring, seeks more funding: Nikkei
Japan Display Inc is considering a deeper restructuring than it first announced, including seeking outside financial help, as its late entry into OLED technology has caused the loss of business with Apple Inc, the...
Foxconn says Apple, Amazon to join its bid for Toshiba chip business – Nikkei
Apple Inc and Amazon.com Inc will join Foxconn’s bid for Toshiba Corp’s semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday. The two U.S. technology giants...
Samsung to seek partners who line up with its strategies
Samsung on Monday said it will continue to seek mergers and acquisitions to provide distinctive experiences to its customers. During its investors’ forum held in Hong Kong, Samsung said the company is open to...
Bain, KKR, Broadcom among suitors lining up for Toshiba’s chips business
Suitors including private equity firms KKR & Co LP, Bain Capital and U.S. chip maker Broadcom Ltd are lining up for Toshiba Corp’s semiconductor business, sources familiar with matter said ahead of a deadline...
