Wednesday, March 29, 2017

Japan-backed Hynix bid for Toshiba

Hynix is in talks with Japanese investors about a plan to bid for Toshiba’s memory business, reports the Korea Economic Daily. Toshiba is said to value the business at $13 billion. A preliminary bid from Hynix bid is expected sometime today. A number of industry leaders like Micron, TSMC, Western Digital, Foxconn, Kingston and others ...

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