Toshiba Warns It May Be Unable to Stay in Business

Japan is concerned Hon Hai would transfer Toshiba intellectual property to China, the people said. Still Broadcom thinks it will gain synergies from combining Toshiba memory operations with its own chips business. Representatives for Hynix and Hon Hai declined to facebook/" target="_blank">comment. The Tokyo-based company plans to choose a winner for the chips business by summer so it can close the deal by March of 2018, one executive said last month. Hon Hai, led by Chairman Terry Gou, has proven particularly aggressive, much like it was when Gou faced down Japan government opposition to win control of Sharp Corp. last year.


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Toshiba Casts Doubt on Its Ability to Stay in Business

Advertisement Continue reading the main storyA global bidding war would at any rate be good for Toshiba. Advertisement Continue reading the main storyYet Toshiba sees little choice. It would be easy for Foxconn to take technology from Toshiba and manufacture it more cheaply in China. Nearly 40 years ago, an engineer at Toshiba invented the technology behind its chip business. Advertisement Continue reading the main storyFor Foxconn, an investment in Toshiba would be the second recent foray into the often politically fraught world of corporate Japan.







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