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Foxconn confirms Apple in Toshiba bid, hints at others

Published 06/12/2017, 07:45 AM
© Reuters.  Foxconn confirms Apple in Toshiba bid, hints at others
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  • Foxconn (OTC:FXCOF) CEO Terry Gou confirms last week’s news that Apple (NASDAQ:AAPL) is joining the bid for Toshiba’s (OTCPK:TOSBF, OTCPK:TOSYY) chip unit, saying that Apple’s board and Tim Cook have approved but not specifying financial details.
  • Gau says Amazon (NASDAQ:AMZN) is close to joining and includes Microsoft (NASDAQ:MSFT), Cisco Systems (NASDAQ:CSCO), and Google (NASDAQ:GOOGL) among the list of potentially interested investors.
  • Toshiba hopes to choose a chip unit winner on June 15 if the legal fight with Western Digital (NASDAQ:WDC) doesn’t interfere.
  • Previously: Toshiba choosing chip unit winner on June 15 (June 7)
  • Now read: Apple Earnings: China Hiccups Again


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