Fujitsu Ltd. will adopt drastic reforms, including a realignment of production lines, to turn around its struggling semiconductor business, according to Chairman and President Michiyoshi Mazuka.
In a recent interview, Mazuka said the company will try for now to survive the chip industry slump on its own, indicating there are no talks yet of a possible tieup with rivals.
"There have been several semiconductor slumps, but we were not able to take on sweeping reforms (on large-scale integrated circuit chips) and things were left unfinished," he said. "(This time) we will pursue sweeping reforms and make the firm robust."