• Kyodo News


Toshiba Corp. said Friday it will set up a joint venture in China in April and transfer its Chinese subsidiary’s semiconductor assembly operation to the venture as a cost-cutting measure.

The joint venture to assemble system large-scale integrated circuit chips, or system LSIs, will be created between Toshiba Semiconductor (Wuxi) Co., Toshiba’s manufacturing subsidiary, and Nantong Fujitsu Microelectronics Co., both located in Jiangsu Province, Toshiba said.

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