It is said that the Japanese giant, Fujitsu has hired Swiss financial advisory firm ,UBS to assist in handling the sale of the semiconductor business. Fujitsu is also ailing Japanese technology companies,who is trying to carry out the reorganization. In addition to Fujitsu, Renesas Electronics merged by semiconductor sectors of Hitachi ,NEC and Mitsubishi (Mitsubishi Electric) is being developed plan of reorganization; DRAM maker, Elpida (Elpida Memory) prepares acquisition by U.S. interbank Micron (Micron), Sharp is in seeking financial assistance for the organization of the restructuring plan. Fujitsu recently announced changed hands of specific LSI packaging and testing plant . J-Devices had caused some confusion, false positives also into the company to exit the semiconductor manufacturing market. Like many Japanese semiconductor,Fujitsu is affected by the underperforming sales of Japanese branded flat-panel TV in Japan, as well as consumer electronic products to buy from such as Samsung, Apple. It is estimated that Fujitsu's chip business is worth about 200 billion yen ($ 2.6 billion). |
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Fujitsu May Intend To Sell Semiconductor Business