TAIPEI/SEOUL -- Key iPhone assembler Hon Hai Precision Industry, known as Foxconn Technology Group, has approached South Korea's second largest memory chip maker SK Hynix to explore the possibility of collaborating on a bid for the memory business of Japan's ailing conglomerate Toshiba, two sources told Nikkei Asian Review.
SK Hynix declined to comment on Wednesday. "We cannot comment on the deal beyond our public disclosure," spokesperson Son Kyung-bae said. Foxconn declined to comment.