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Tuesday, February 12, 2008
Fujitsu to Establish LSI Subsidiary

Fujitsu Limited announced today that it will reorganize its LSI business into a wholly owned subsidiary, Fujitsu Microelectronics Limited, to be incorporated through a company split on March 21, 2008.

The decision was made at a Board of Directors meeting held today.

With greater management independence, the subsidiary will implement a new management cycle aimed at accelerating its decision-making process. In addition, to strengthen its product offerings, the subsidiary will augment its mainstay ASIC and COT products with an expanded lineup of general-purpose products including ASSP , microcontroller, and analog products, the market for which has grown rapidly in recent years, especially in Asia.

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