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Foxconn asks for SoftBank
cooperation in bid for Toshiba chip unit: Nikkei
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[April 14, 2017]
TOKYO (Reuters) - Taiwan's
Foxconn has asked for SoftBank Group's cooperation in
its bid for Toshiba Corp's prized memory chip unit, the
Nikkei business daily reported on Friday. |
The logo of Foxconn, the trading name of Hon Hai
Precision Industry, is seen on top of the company's
headquarters in New Taipei City, Taiwan March 29, 2016.
REUTERS/Tyrone Siu/File Photo |
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Foxconn, known formally as Hon Hai Precision Industry, is
expected to ask SoftBank for help in smoothing the way with
Japanese banks, the report said.
Foxconn may also team up with Apple Inc for the bid, the report
said, following a similar report by public broadcaster NHK
earlier.
(Reporting by Junko Fujita and Chang-Ran Kim; Editing by Edwina
Gibbs)
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