News Release
Fuji Electric to establish Fuji Electric Tsugaru Semiconductor Co., Ltd.
July 2,2012
Fuji Electric Co., Ltd.
Tokyo, July 02, 2012 - Fuji Electric Co., Ltd. (hereafter, “Fuji Electric” or “the Company”; )(TSE: 6504) announces today that it has completed a Share Transfer Agreement to purchase the Tsugaru Factory of Renesas Northern Japan Semiconductor, Inc. and has established Fuji Electric Tsugaru Semiconductor Co., Ltd., a wholly owned subsidiary of the Company, as outlined below.
1. Establishment Date
July 1, 2012
2. Profile