US EditionSemicon Push: Kaynes, L&T Arm To Buy Fujitsu’s Power Modules Biz
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tezzbuzzSemicon Push: Kaynes, L&T Arm To Buy Fujitsu’s Power Modules Biz
Kaynes Semicon and L&T Semiconductor Technologies (LTSTC) are set to acquire the power modules business of Japan’s Fujitsu General Electronics for INR 118.32 Cr (around $13.8 Mn). As part of the deal, Fujitsu will transfer its power modules business to LTSTC, the fabless chip company of Larsen & Toubro, and transfer the related production facilities to Kaynes Semicion, a subsidiary of electronics manufacturing company Kaynes Technologies, which …
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