Foxconn outbids WD with ¥3 TRILLION offer for Tosh memory biz

China's Foxconn has emerged as the leading bidder for Toshiba's Memory business. The division is being sold so Toshiba can recapitalise itself and recover from negative net worth due to calamitous losses in its US nuclear power station business. These have led to its Westinghouse Electric subsidiary seeking Chapter 11 …

[Steve K]

That is a hell of a difference between the KKR bid and the Foxconn bids!

I imagine that their motives/intentions are very different (VC vs. manufacturer/fabricator)....

[Anonymous Coward]

That and Foxconn probably have a bit more loose change kicking around.

[Sloppy Crapmonster]

That's ~27 Instagrams

Who needs all that memory anyway?

[JJKing]

I forget.

Who needs all that memory anyway?

Al Zymer.

Mines the one with the "memory" string in the pocket.

[jamesb2147]

China is not Taiwan

And as far as I'm aware, Foxconn (correctly also referred to as HON HAI PRECISION) is Taiwanese.

That is all.