Mitsubishi Contemplates Bid For Fujitsu's Chip Unit Shinko Electric: Report
Portfolio Pulse from Nabaparna Bhattacharya
Mitsubishi Corp. is reportedly considering bidding for Fujitsu Ltd.'s chip packaging unit Shinko Electric Industries. Other potential bidders include Apollo Global Management, KKR & Co., Bain Capital, and Japan Investment Corp. Fujitsu's 50% stake in Shinko Electric is worth around $2.6 billion. Shinko is a major supplier to chip companies such as Intel Corporation and Advanced Micro Devices. The sale may face national economic security issues.
October 17, 2023 | 3:08 pm
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POSITIVE IMPACT
Apollo Global Management is a potential bidder for Fujitsu's chip unit, which could potentially expand its investment portfolio.
If Apollo Global Management successfully acquires Fujitsu's chip unit, it could potentially expand its investment portfolio and increase its returns.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
KKR & Co. is a potential bidder for Fujitsu's chip unit, which could potentially expand its investment portfolio.
If KKR & Co. successfully acquires Fujitsu's chip unit, it could potentially expand its investment portfolio and increase its returns.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Mitsubishi Corp. is considering bidding for Fujitsu's chip unit, which could potentially expand its business operations.
If Mitsubishi successfully acquires Fujitsu's chip unit, it could potentially expand its business operations and increase its market share.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Advanced Micro Devices is a major customer of Shinko Electric, and the sale of the latter could potentially affect its supply chain.
The sale of Shinko Electric, a major supplier to Advanced Micro Devices, could potentially affect AMD's supply chain and operations.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
Fujitsu is selling its 50% stake in Shinko Electric, which could potentially affect its financial performance.
The sale of Fujitsu's 50% stake in Shinko Electric could potentially affect its financial performance and market position.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Intel Corporation is a major customer of Shinko Electric, and the sale of the latter could potentially affect its supply chain.
The sale of Shinko Electric, a major supplier to Intel Corporation, could potentially affect Intel's supply chain and operations.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60