Fujitsu Ltd In Talks To Sell Car Chip Business To Spansion Inc-Reuters

Monday, 29 Apr 2013 09:45pm EDT 

Reuters reported that Fujitsu Ltd is in late-stage talks to sell its microcontroller chip business to Spansion Inc. Terms of the deal, which will include Fujitsu's microcontroller design and development business as well as a Japanese plant, could not be obtained. A Fujitsu spokesman said nothing had been decided with regards to its microcontroller chip business. The news was also reported by Japanese media, including the Nikkei business daily.