Fujitsu may unload key Mie chip plant

JIJI

Fujitsu Ltd. may sell its main semiconductor plant in Kuwana, Mie Prefecture, sources said Tuesday.

The major electronics maker is mulling the sale of the plant to a firm it plans to set up with a Taiwanese company and Panasonic Corp., they said.

The plant mainly produces system-on-chip products, which serve as the brains for automobiles and home electronics.

Fujitsu aims to improve its profitability by separating its SoC business, which has been hurt by price drops.