Fujitsu Ltd Announces Semiconductor Business Restructuring; Fujitsu's Subsidiary to Form Joint Venture with Panasonic Corp

Thursday, 7 Feb 2013 01:00am EST 

Fujitsu Ltd announced that its subsidiary, FUJITSU SEMICONDUCTOR LIMITED, has signed a basic agreement with Panasonic Corp, to integrate the system LSI (large-scale integration) business by forming a joint venture. This joint venture will also receive fund from another company. Fujitsu will also begin discussions on transforming Mie Plant 300mm line to Taiwan Semiconductor Manufacturing Company Limited. 

Company Quote

4.2 +0.60%
1:33am EDT