The sources say that Foxconn is among the potential offers of UTAC to collect Singaporean chips in a $ 3 billion deal.

Written by Kane Woo

Hong Kong (Reuters) -Foxconn in Taiwan, also known as Hun Hai, accurately (2317.twand hhnkhand Seeds), It is among the potential presentations of the collection of semiconductors and the UTAC business test in a deal that the company can estimate at about 3 billion dollars, two people said knowledge of the issue.

The sources said that the owner of UTAC, Wise Road Capital, based in Beijing -based Beijing, has rented Jefferies to manage a sale and expects to make cylinder offers that are not bound by the end of this month.

Both sources refused to call it because the information was secret.

Foxconn and Jefferies refused to comment, while UTAC and Wise Road did not immediately respond to the comment.

Global Chip Manufacturing has been concerned with concerns about national security and technological competition in recent years, especially between the United States and China.

Historically, semiconductors have relied on a very global supply chain, but the United States has taken moves to limit China’s arrival in China chips and advanced manufacturing tools, noting the risks that will benefit this army in China, which Beijing denies.

The sources said that UTAC is likely to attract attention from financial and strategic offers who are not from the United States because of its presence in China.

Foxconn, a major resource for Apple (AaplIts website says that the largest electronics manufacturer in the world has expanded in making semiconductors in recent years as part of a long -term growth strategy.

UTAC was founded in 1997 in Singapore, providing assembly and testing services for semiconductors with various final uses, including consumer devices, computing, security and medical applications.

Outside Singapore, it also has production facilities in Thailand, China and Indonesia and with a global sales network covering the United States, Europe and Asia, according to the company’s website.

Its customers are primarily “Fables” – and this means those that depend on manufacturing manufacturing – as well as manufacturers of integrated devices and chip -wing.

UTAC does not reveal its financial performance, but its annual profits estimated before interest, taxes, consumption and firefighting are about 300 million dollars, according to the sources.

(Participated in the coverage of Ken Wu in Hong Kong; additional reports by Yanteltra Ngwi in Singapore, Brenda Joh in Shanghai and Winan Lee in Taiwan; Edit by Sumit Chattji and Kevin Levy)