Foxconn founder Terry Gou has said that he has won the financial backing of Apple and Amazon in its $20bn-plus bid for Toshiba’s flash memory business, as the Taiwanese group aims to counter Japanese government opposition to the deal.
In an interview with the Nikkei business daily on Sunday, Mr Gou said that the two US tech groups are joining hands with Foxconn, which is listed as Hon Hai Precision Industry. Toshiba is looking to clinch a deal on the sale of its chip division by the end of this month as the Japanese industrial group grapples with huge losses arising from its US nuclear business.
“Of course Apple and Amazon are offering money together, but I cannot comment on how much funds each company is putting on the table,” Mr Gou told the Nikkei.