Taiwan’s ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/foxconn” target=”_blank”>Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/utac-holdings” target=”_blank”>UTAC Holdings in a deal that could value the company at about $3 billion, two people with knowledge of the matter said.

UTAC’s owner, Beijing-based private equity firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/wise-road-capital” target=”_blank”>Wise Road Capital, has hired ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/jefferies” target=”_blank”>Jefferies to run a sale process and is expecting to field ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/non-binding-bids” target=”_blank”>non-binding bids by end of this month, the sources said.

Both the sources declined to be named as the information was confidential.

Foxconn declined to comment and UTAC, Wise Road and Jefferies…

Taiwan’s ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/foxconn” target=”_blank”>Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/utac-holdings” target=”_blank”>UTAC Holdings in a deal that could value the company at about $3 billion, two people with knowledge of the matter said.

UTAC’s owner, Beijing-based private equity firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/wise-road-capital” target=”_blank”>Wise Road Capital, has hired ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/jefferies” target=”_blank”>Jefferies to run a sale process and is expecting to field ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/non-binding-bids” target=”_blank”>non-binding bids by end of this month, the sources said.

Both the sources declined to be named as the information was confidential.

Foxconn declined to comment and UTAC, Wise Road and Jefferies…