Toshiba Revives Talks With Foxconn Over NAND Chip Business

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Toshiba Revives Talks With Foxconn Over Chip Unit
Japanese-led consortium no longer the preferred bidder for the unit

Toshiba Corp. said it has reopened talks with Foxconn Technology Group and Western Digital Corp. over selling its memory-chip unit, erasing a Japanese-led group’s status as the preferred buyer in a deal potentially worth $20 billion.