Hony to sell Elpida plant to SMIC if bid succeeds – report
Hony Capital plans to sell or outsource the operations at Elpida Memory's Hiroshima plant to China-based Semiconductor Manufacturing International Corp. (SMIC) if it wins the bid for the bankrupt Japanese chipmaker.
Hony Capital and TPG Capital have been preparing a bid for Elpida Memory, but are expected to face significant competitions from strategic investors including US-based Micron Technology, Japan's Toshiba...
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