Home General Various News Foxconn could help Toshiba in ways similar to that for …

Foxconn could help Toshiba in ways similar to that for …

261

  • Register
Taipei, Saturday, March 4, 2017 08:05 (GMT+8)
partly cloudy
Taipei
23°C

  • Article
  • . (0)
  • Related content
  • Company info
Print Email

Foxconn could help Toshiba in ways similar to that for Sharp, says Guo
Ninelu Tu, Zengcheng; Joseph Tsai, DIGITIMES [Friday 3 March 2017]

While Toshiba is suffering from financial troubles and looking to sell its memory business, Foxconn Electronics (Hon Hai Precision Industry) chairman Terry Guo has noted that demand for storage will start rising as the 8K resolution era arrives and Foxconn also has such demand and likes to push further into the related industry. At the same time, Foxconn is also willing to assist Toshiba using the same business strategy it adopted for its partnership with Sharp, said Guo, adding that Toshiba would not have any concerns over competition or market share partnering with Foxconn.

Guo also noted that he is very serious about having Foxconn form a partnership with Toshiba, but will not try to force it to happen.

Guo pointed out that Foxconn is currently the largest storage equipment maker worldwide and seeing the IT market has started increasing their adoption of solid state drives (SSDs), he believes demand will only rise in the upcoming years.

When asked about how Foxconn is preparing to compete against other potential bidders for the Toshiba stake, such as SK Hynix, Western Digital, Micron, Bain Capital, Silver Lake Partners and KKR, Guo said that Foxconn has a professional team that is capable of handling acquisitions and the team also has a lot of experience on such a competition.

Tweet

Categories: Bits + chips ICT manufacturing IT + CE Memory chips

Tags: Foxconn Foxconn Electronics Sharp Terry Guo Toshiba

Topics: Foxconn-Sharp partnership

Companies: Foxconn Electronics (Hon Hai Precision Industry)

    Related stories

  • Foxconn chairman Terry Guo interested in Toshiba Memory investment (Mar 2)
  • Foxconn invests in SoftBank subsidiary, sets up joint venture with Sharp (Mar 1)
  • Foxconn chairman pledges shares for loans (Feb 20)
  • Foxconn reaffirms US$5 billion investment in India (Feb 15)
  • Foxconn Electronics, Pegatron post mixed growth in January revenues (Feb 13)

UMC
Global AP demand forecast, 2017-2020
The transition to 4k TV - UHD TV market forecast, 2014-2017
Sponsored links
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.

Buy link

  • Register
Taipei, Saturday, March 4, 2017 08:05 (GMT+8)
partly cloudy
Taipei
23°C

  • Article

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here