News Feed Item

Fujitsu Announces New Direction for its Semiconductor Business

Tokyo and Yokohama, July 31, 2014 - (JCN Newswire) - Fujitsu Limited and Fujitsu Semiconductor Limited have today entered into an official contract with Panasonic Corporation and Development Bank of Japan Inc. (DBJ) whereby Fujitsu Semiconductor and Panasonic would integrate their System LSI businesses, and together with investment from DBJ, a new independent fabless company will be established. These developments are a result of the deliberations Fujitsu Limited and Fujitsu Semiconductor have made based on the February 7, 2013 announcement, "Fujitsu Announces Restructuring and New Direction of its Semiconductor Business."

In addition, Fujitsu Limited and Fujitsu Semiconductor have decided to expand the scope of foundry operations. Fujitsu Semiconductor's manufacturing facilities in Mie and Aizu-Wakamatsu, Japan will respectively work to provide stable delivery to customers as new, independent companies, to be established by the end of 2014. The new Aizu foundry company will consist of a 150mm fab company and 200mm fab company, operating within the framework of an Aizu foundry general company.

Fujitsu Semiconductor today also announced that it has entered into a strategic partnership in which ON Semiconductor will obtain a 10% ownership interest in the new Aizu foundry company's 200mm fab company.

Fujitsu Semiconductor group now includes the Mie and Aizu foundry companies, a system memory business unit, and sales functions (Fujitsu Electronics, Inc. and sales teams in the overseas subsidiaries), and each independent company will pursue sustainable growth, and stable management operations.

1.Establishment of new System LSI company with Panasonic

Following the April 23, 2014 announcement on the signing of a memorandum of understanding in which Fujitsu Limited, Fujitsu Semiconductor, and Panasonic agreed to consolidate their system LSI businesses, DBJ would provide investment and financing, and Mr. Yasuo Nishiguchi would be tasked as the CEO of the new company, deliberations on details have moved forward, and today, the parties have signed a definitive agreement.

Under the leadership of Mr. Nishiguchi, the new company will leverage its world-class resources for video, imaging and networking fields, aiming for growth as a global fabless company that will within several years pursue an initial public offering. The new company is scheduled to commence operations in the fourth quarter of fiscal 2014, which ends March 31, 2015, after completing necessary requirements with regard to antitrust laws and other procedures in each country.

For more detail, please refer to the release "Regarding the Signing of a Definitive Agreement for the Consolidation of System LSI Businesses in New Company."

2.Establishment of the Mie foundry company

Mie 300mm wafer fabrication facility operations will be transferred to a newly formed foundry company in accordance with the direction announced in February 2013. In addition to the existing ultra-low power technology, non-volatile memory technology, and process-porting engineering expertise, the new company will seek to enter new business domains with proprietary process development and capital investment, which will enable the foundry business expansion and high fab utilization. Furthermore, the Mie foundry company plans to seek partnerships with external companies to achieve sustainable growth.

3.Establishment of Aizu foundry companies and strategic partnership with ON Semiconductor

Fujitsu Semiconductor has been optimizing its 200mm manufacturing capacities by transferring its Iwate plant to Denso Corporation, and consolidating Mie plant (200mm) to Fujitsu Semiconductor Technology Limited. Fujitsu Semiconductor will establish new foundry companies based on its process technology and manufacturing expertise in Aizu-Wakamatsu, seeking the development of the Aizu-Wakamatsu community as well as the foundry business expansion. The new companies will be: 1) a management company for administrative functions; 2) a 150mm fab company, for analog and other products; and 3) a 200mm fab company which will handle MCU, Analog, and specialized products.

The 200mm fab company can secure long-term demand through the foundry supplier agreement and agreement with regard to investment made with ON Semiconductor, which also holds a minority ownership in the new company. For those products currently manufactured at the Aizu-Wakamatsu facilities, the new companies will continue to deliver them under the foundry contract with Fujitsu Semiconductor.

For more details, please refer to the "Fujitsu Semiconductor and ON Semiconductor Announce Strategic Partnership" press release.

About Fujitsu Limited

Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 170,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.4 trillion yen (US$47 billion) for the fiscal year ended March 31, 2013 For more information, please see www.fujitsu.com.

Source: Fujitsu Limited

Fujitsu Limited
Public and Investor Relations

Copyright 2014 JCN Newswire. All rights reserved. www.japancorp.net

More Stories By JCN Newswire

Copyright 2008 JCN Newswire. All rights reserved. Republication or redistribution of JCN Newswire content is expressly prohibited without the prior written consent of JCN Newswire. JCN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
In the 21st century, security on the Internet has become one of the most important issues. We hear more and more about cyber-attacks on the websites of large corporations, banks and even small businesses. When online we’re concerned not only for our own safety but also our privacy. We have to know that hackers usually start their preparation by investigating the private information of admins – the habits, interests, visited websites and so on. On the other hand, our own security is in danger bec...
Successful transition from traditional IT to cloud computing requires three key ingredients: an IT architecture that allows companies to extend their internal best practices to the cloud, a cost point that allows economies of scale, and automated processes that manage risk exposure and maintain regulatory compliance with industry regulations (FFIEC, PCI-DSS, HIPAA, FISMA). The unique combination of VMware, the IBM Cloud, and Cloud Raxak, a 2016 Gartner Cool Vendor in IT Automation, provides a co...
SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Service consists of a public key service and a private key escrow service. 

In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, will discuss how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team a...
OnProcess Technology has announced it will be a featured speaker at @ThingsExpo, taking place November 1 - 3, 2016, in Santa Clara, California. Dan Gettens, OnProcess’ Chief Analytics Officer, will discuss how Internet of Things (IoT) data can be leveraged to predict product failures, improve uptime and slash costly inventory stock. @ThingsExpo is an annual gathering of IoT and cloud developers, practitioners and thought-leaders who exchange ideas and insights on topics ranging from Big Data in...
SYS-CON Events announced today that Cemware will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Use MATLAB functions by just visiting website mathfreeon.com. MATLAB compatible, freely usable, online platform services. As of October 2016, 80,000 users from 180 countries are enjoying our platform service.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...