Sunday, November 23, 2014
Search
  
Monday, September 24, 2012
 Fujitsu Wants To Exit Semiconductor Business
You are sending an email that contains the article
and a private message for your recipient(s).
Your Name:
Your e-mail: * Required!
Recipient (e-mail): *
Subject: *
Introductory Message:
HTML/Text
(Photo: Yes/No)
(At the moment, only Text is allowed...)
 
Message Text: Fujitsu Ltd. is reportedly seeking buyers for its semiconductor business as part of a restructuring effort, according to a report.

The company has hired UBS AG as financial adviser on the sale process, Bloomberg reported today citing people familiar with the matter.

Fujitsu has been hurt by lw demand for semiconductors used in flat-panel TVs and is restructuring businesses after competition with Samsung and Apple pushed Japanese consumer electronics makers Sony, Sharp and Panasonic into losses.

Fujitsu in July reported a first-quarter loss that was bigger than analysts predicted.

Fujitsu said no decision has been made.
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .