Foxconn does not lose hope to get Toshiba Memory assets

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POSTER: computer news   ||    FOXCONN DOES NOT LOSE HOPE TO GET TOSHIBA MEMORY ASSETS	DATE:2017-06-13
News about Foxconn participation in the bidding for the assets of Toshiba Memory for a long time was not, but this does not mean that the Chinese giant refused to get a share in the capital of this company.  As explained by Reuters , Hon Hai Precision Industry actively attracts US investors, hoping thereby to avoid opposition from the Japanese authorities who would like to save Toshiba's technology from exports to China or South Korea. Foxconn management confirmed the interest of Apple and Dell to participate in this transaction and its willingness to finance it.  In addition, the initiative is ready to support Kingston Technology, although its participation can also arouse the interest of authorities.  The same calculation Foxconn is done to attract companies that are customers that consume solid-state memory, rather than issuing it.  In this sense, Google, Microsoft, Amazon and Cisco Systems could become desirable investors, and negotiations with them Foxconn leads.  The purchase of Toshiba Memory assets by this consortium would be carried out with the money of American investors, while Foxconn and Japanese Sharp controlled by it would receive no more than 40% of the shares. In addition, the Japanese giant SoftBank may also become an investor in the deal, which will only strengthen the Japanese authorities' confidence in attracting "preferred" companies.  As specified, Foxconn is not ready to overstate the price of Toshiba Memory assets, and its rate is in the same range with other bidders.  Recall that the winner of the auction will be announced in the coming days. Related Products :

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