Toshiba, which is in the process of restructuring, has always wanted to sell its semiconductor business. Chinese companies are seen as the most likely buyers.
However, if Chinese companies really intend to buy Toshiba’s semiconductor business, the Japanese government will not sit idly by and plan to stop it.
Kyodo News reported that if Toshiba Corporation, which is in the business restructuring period, sells its semiconductor business to Chinese companies, the Japanese government considers to stop trading or reconsideration in accordance with the "Foreign Exchange and Foreign Trade Law" (referred to as foreign exchange law), and has begun to Explore. This is aimed at preventing the loss of data protection technologies that are important not only for private companies but also for security.
At present, it is expected that about 10 companies will participate in the bidding for the Toshiba Semiconductor business. US hard disk giant Western Digital Corporation and Korean semiconductor giant SK Hynix intend to participate. Taiwan's Hon Hai Precision Industry Co., Ltd., which brings Sharp back to Taiwan, and companies from the Chinese mainland, may also bid. In Japan, some have called for Japan’s policy investment bank and semi-official fund industry reform agency to participate in bidding.
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