In another development of the fast decline in Japan's semiconductor industry, struggling electronics manufacturer Fujitsu Ltd. is in talks with Taiwanese and U.S. companies on the sale of its semiconductor plants in Mie and Fukushima prefectures, NHK reported Friday.
Fujitsu and Taiwanese semiconductor maker United Microelectronics Corp. are near conclusion of negotiations to transfer Fujitsu's Kuwana, Mie Prefecture, plant to a new joint venture the two companies would establish. The company is open to offers from other manufacturers to assume some stake in the joint venture as it plans to completely withdraw from chip making, NHK said without citing sources.
Fujitsu is also in talks with ON Semiconductor Corp. on the sale of its Aizuwakamatsu, Fukushima Prefecture, plant to the U.S. chip maker.
The Japanese electronics titan wants to maintain the combined 1,500 employees at the two plants through their sale.