Streetbeat News

FJTSF

Fujitsu Limited

http://www.fujitsu.com/jp/

CEO

Takahito Tokita

Industry

Data Processing, Hosting, and Related Services

Open

19.00

Mkt cap

34B

Volume

100

High

19.00

P/E Ratio

20.90

52-wk high

23.53

Low

18.60

Div yield

0.01

52-wk low

12.70

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.

Portfolio Pulse from Nabaparna Bhattacharya

October 17, 2023 | 3:08 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.