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富士康公布竞购东芝芯片业务新方案 苹果持有20%股权

2017-09-08 17:46:44   央广网

央广网北京9月8日消息(记者高敏实习记者杨静铭)日本最大的半导体制造商东芝最近一直打算卖掉自己的芯片业务。在没能和6月份选定的优先竞购方达成最终协议之后,东芝依然在与三大财团进行磋商。

据彭博社报道,富士康发言人胡国辉表示,公司为收购东芝芯片业务发出的要约获得了苹果公司、软银集团以及夏普公司的广泛支持,已准备好立即推进,但他拒绝披露富士康的报价。而有知情人士透露,富士康牵头的收购方,报价大于2万亿日元,约合184亿美元,高于私募股权公司KKR和贝恩资本分别牵头的两个财团。

作为全球规模最大的电子产品代工企业,富士康为何要收购东芝芯片业务?上海社会科学院互联网研究中心首席研究员李易分析,富士康需要加快转变单纯的代工生产模式,寻求产业链的扩张。

李易说:“代工企业第一个是利润太低,第二是太依赖于大的公司客户,早年可能是惠普,戴尔,这些年就是苹果这样大的电子消费公司,稍微有些变化就会对它业绩带来很大的影响。郭台铭这些年一直在考虑如何转型,所以他现在的想法一个是将来有没有可能去投资有自己的品牌,第二就是想在自己原有的代工生态链中向上升级,拥有关键的原器件可能会使公司的利润大幅提升,而且之前已经收购了很多大公司,像夏普这个全球最大最优秀的面板公司。”

无限趋势咨询集团CEO王越强调,东芝芯片这块资产的价值也很不错。

王越表示:“毕竟它是一个现成的市场,如果他(富士康)用自己充裕的现金流去换回一个相对业务成熟,并且有业务发展前景的市场,而且在这种升级已经全面到来的情况下,把它拿过来整合好,未来的前景还是可以想象的。”

或许是为了进一步促成交易的达成,富士康所提议的持股计划,旨在表明这并不是来自中国内地或中国台湾的竞购。按照新方案,富士康将持有东芝芯片业务的25%股份,苹果持有20%,金士顿科技20%,夏普公司有15%,软银持有10%,东芝持有10%。李易分析,大家背后各有考量,要持股也得拿出真金白银才行。

李易说:“夏普的本质就是个控股的公司,当然它有一个很大的好处就是日本政府对东芝的闪存业务是非常重视的,因为这是日本一个国宝级技术,他们非常谨慎。郭台铭拉上日本的夏普,一个美国的苹果和一些其他公司,就显得我不是一个纯粹的中国公司。当然,苹果的加入除了是给郭台铭面子,还有他自己的好处,因为苹果每年要用大量的闪存,东芝的闪存本来就是他们最重要的供应商,苹果加入是多方面的考虑。”

李易认为,东芝目前经营乏力,而且面临从东京证券交易所退市的压力,这次东芝芯片业务花落富士康的变数并不大。

李易分析:“它业务和它的买家本来就不多了,留给东芝财团的时间也不多了,因为它在美国投资核电业务失败已经拖累了整个东芝集团,财务情况非常差,如果最近几个月在不解决资金问题,可能在东京的交易所就会被摘牌。之前和美国西部数据的谈崩了之后,现在基本上没有选择了。”

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