Foxconn In Talks to Buy Stake in Malaysian Chipmaker DNeX
- iPhone assembler could help expand DNeX’s semiconductor unit
- DNeX outbid Taiwan electronics firm for chipmaker SilTerra
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Foxconn Technology Group is in talks to buy a stake in Malaysian technology firm Dagang NeXchange Bhd., according to people familiar with the matter, after losing to it in bidding for a semiconductor company.
The main assembler of Apple Inc.’s iPhones could take a minority stake in DNeX and help to expand the business of its chipmaker SilTerra Malaysia Sdn., one of the people said, asking not to be identified as the matter is private. DNeX landed the winning offer in the sale of SilTerra in February, outbidding Foxconn.