Skip to navigation

PCPro-Computing in the Real World Printed from www.pcpro.co.uk

Register to receive our regular email newsletter at http://www.pcpro.co.uk/registration.

The newsletter contains links to our latest PC news, product reviews, features and how-to guides, plus special offers and competitions.

Latest News

Fujitsu spins off chip division

Posted on 21 Jan 2008 at 09:59

Fujitsu is spinning off its loss-making chip division, as it seeks to pave the way for alliances with other chip makers.

Reports suggest that despite the chip division accounting for around 10% of Fujitsu's profits in recent years, spiralling development costs have caused heavy losses requiring the company to rethink its strategy.

In a statement from Fujitsu, the company says it's resigned to holding onto the division as a wholly owned subsidiary while it seeks out a new buyer.

The new subsidiary will be formed in March, with consolidation of the new company expected to be completed in September with a price tag of around $93 million.

The move follows a wave of consolidation in Japan as major players, including IBM and Samsung, look to reduce the escalating development costs of new technologies including 32nm fabrication.

Author: Stuart Turton

Be the first to comment this article

You need to Login or Register to comment.

(optional)

advertisement

Most Commented News Stories
Latest Blog Posts Subscribe to our RSS Feeds
Latest Reviews Subscribe to our RSS Feeds
Latest Real World Computing

advertisement

Sponsored Links
 
SEARCH
SIGN UP

Your email:

Your password:

remember me

advertisement


Hitwise Top 10 Website 2008