TOKYO -- Fujitsu will sell Tokyo-listed semiconductor packaging unit Shinko Electric Industries to a consortium led by Japan Investment Corp., the company said Tuesday, shedding another noncore unit in a 700 billion yen ($4.8 billion) deal.
Business deals
Fujitsu to sell chip packaging arm to Japan state-backed fund
$4.8bn deal aims to let tech group concentrate more on core IT business
Fujitsu is selling unit Shinko Electric Industries to a consortium led by state-owned Japan Investment Corp. © Reuters
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