Apple, Dell part of Foxconn's bid for Toshiba chip business
Representative Image. (Image: REUTERS/Tyrone Siu)
Apple Inc, computing giant Dell Inc and Kingston Technology Co are members of a Foxconn-led consortium bidding for Toshiba Corp's chip unit, the CEO of the world's largest electronics manufacturer told Reuters on Monday.
Terry Gou, Foxconn's founder and chief executive, also said Amazon.com Inc was close to joining and that the Taiwanese firm was also in discussions with Google, Microsoft Corp and Cisco Systems Inc about their participation in the bid.
Watch The Tech And Auto Show: Episode 2
He declined to comment on the total size of the offer or say how much Apple and other U.S. firms planned to invest in the bid.
"I can tell you Apple is in for sure," Gou said in an interview, adding that its participation had been approved by the Chief Executive Tim Cook and Apple's board of directors.
Foxconn, formally known as Hon Hai Precision Industry Co, and its Japanese unit Sharp Corp would have a combined stake of not more than 40 percent, he added.
Representatives for Apple and the other U.S. firms named by Gou could not be immediately reached for comment outside of regular business hours. Sharp declined to comment.
Recommended For You
- Ziva and Zoravar Bond as Virat Kohli & Boys Travel to Antigua
- Apple CEO Tim Cook And PM Modi Discuss Make in India iPhone SE
- Virat Kohli & Co Smash World Record During Windies ODI
- Honor 8 Pro vs OnePlus 5: What Their Dual-Camera Will Offer
- Superstitious Yuvraj Wears Champions Trophy Jersey Against Windies