Foxconn and TSMC Team Up to Bid on Toshiba's NAND Flash Unit

Taiwan Semiconductor Manufacturing Company and Foxconn, two companies who work with Apple, are teaming up to place a bid for a stake in Toshiba's memory chip unit according to Chinese site Liberty Times (via DigiTimes). The partnership could perhaps give TSMC and Foxconn the tools to gain a serious foothold in the flash memory market that's currently dominated by Samsung. Via the cooperation, the report claimed, TSMC will be able to challenge Korea-based Samsung Electronics' leadership in...

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