Foxconn not favoured bidder for Toshiba's chip unit due to China link

Foxconn not favoured bidder for Toshiba's chip unit due to China link

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's headquarters in New Taipei City, Taiwan March 29, 2016. REUTERS/Tyrone Siu/File Photo

Taiwan’s Foxconn, the world’s largest contract electronics maker, is not a favored bidder for Toshiba Corp’s memory chip business due to its close ties with China, sources with direct knowledge of the deal said.

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