Toshiba is rushing to find a buyer for the world's second-largest producer of NAND chips, which it values at $18 billion or more, to cover billions of dollars in cost overruns at its now-bankrupt U.S.
Gou said that the Foxconn-led consortium contained no Chinese capital and had the advantage of not inviting as much antitrust scrutiny as other suitors.
He also played down potential opposition from the Japanese government to the bid.
Some sources have said that the state-backed fund, the Innovation Network Corp of Japan, is also exploring a potential consortium with Bain Capital, though it is unclear what other firms would also be members of that group.
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