Wednesday, December 24, 2003

Fujitsu and Sumitomo Establish Joint Venture

Fujitsu and Sumitomo Electric Industries will create a joint venture to develop compound semiconductors for use in the telecommunications market and for growth applications such as mobile terminals, digital home appliances as well as enterprise applications, such as wireless local area networks. Fujitsu Quantum Devices will bring to the new joint venture a broad portfolio of advanced technologies primarily geared toward the telecommunications infrastructure market, including microwave devices and optical communications devices. These will be combined...