Foxconn not a favoured bidder for Toshiba's chip unit: sources

Tokyo

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

The Japanese government is worried that selling to bidders close to China may lead to the transference of key technology, the sources said.