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Fujitsu to exit chip making, sell plants to ON Semi, United Micro, Nikkei says

Fujitsu (FJTSY) has decided to withdraw from semiconductor manufacturing and will sell two facilities over the next several years, according to the Nikkei Asian Review. The company plans to sell its Mie plant that handles operations such as system chips for image processing to United Microelectronics (UMC) and Fujitsu has entered the final stages of talks to sell its facility that makes microcomputers for automobiles and other devices to ON Semiconductor (ONNN), said the report, which noted that a a previous plan to sell the Mie plant to Taiwan Semiconductor (TSM) fell through.