Fujitsu to Establish LSI Subsidiary.

From: JCN Newswires | Date: February 12, 2008 | Copyright information

Tokyo, Japan, Feb 12, 2008 - (JCN Newswire) - Fujitsu Limited announced today that it will reorganize its LSI business into a wholly owned subsidiary, Fujitsu Microelectronics Limited, to be incorporated through a company split on March 21, 2008. The decision was made at a Board of Directors meeting held today.

As a separate entity, the LSI business will undertake a range of reforms to raise its corporate value. With greater management independence, the subsidiary will implement a new management cycle aimed at accelerating its decision-making process. In addition, to ...

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