$ 3 billion deal between the potential bidders for Singaporean Chip Collection Firm

Kane Wu by

Hong Kong (Reuters) -TaiWan’s Foxconn is also known as a sensitive industry of Hon Hai (2317.tw, Hhnx, Seed), The Singaporean Semiconductor is among the potential bidders and employee Utac Holding has two people worth about $ 3 billion in an agreement, two people with knowledge of the issue.

The owner of Utac, Beijing-based private capital company, wise road capital, hired jefferies to manage the sales process, and said he was waiting for the proposals closed until the end of this month.

Both sources refused to be called information as confidential.

Foxconn and Jefferies refused to comment, Utac and the wise road did not respond to a request for immediate comments.

The production of global chips, especially the United States and China, the concerns about the national security and technological competition are growing.

Historical and semiconductors rely on the chain of global production, but the United States has given advanced chips and high-level production tools in China, and the risks of Beijing rejected risks.

Sources said UTAC attracts interest from financial and strategic bidders not from the United States due to Chinese existence.

Foxconn, a great supplier to Apple (Aapl) and the world’s largest contract electronics manufacturer has allowed semiconductors to expand semi-term growth strategies in recent years.

In 1997, it provides installation and test services for semiconductor chips with various latest use, including Utac, consumer, calculation and security devices and medical applications.

In addition to Singapore, there are also production facilities in Thailand, China and Indonesia, including the global sales network covering the United States, Europe and Asia.

First of all, the clients are “naughty” companies – are manufacturers of external production and integrated device and vaffer casters.

UTAC does not disclose financial activity, but interest, taxes, depreciation and depreciation and amortization are about $ 300 million.

(Notified by Kane Wu in Hong Kong;