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Foxconn said to offer $27B for Toshiba’s memory chip business

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Foxconn, the Taiwanese electronics manufacturer best known as the maker of iPhones and iPads for Apple, is said to be preparing a $27 billion bid to acquire Toshiba’s computer chip assets. Toshiba is most commonly recognized for making NAND flash and memory chips, with all of its factories in Japan. However, chip manufacturing in Japan has slipped as rivals in South ... Read More »