10/2/2002 - Fujitsu announced that it is spinning off its printed circuit board division into an independent company, Fujitsu Interconnect Technologies Limited. The new company will provide design, manufacturing, sales, maintenance, and consulting services for interconnect technology (*1) products, including printed circuit and module boards.
Along with increases in the performance and speed of network equipment, servers, personal computers and mobile phones, there have been continuing advances in reducing the size and weight of these products. Sophisticated interconnect technology has become essential for improving the density and reliability of the multi-chip modules, module boards, and printed circuit boards used in these products.
Over its long history in developing information technology hardware, Fujitsu has been able to cultivate and commercialize some of the world's most advanced interconnect technology to meet the market's demands for greater density and reliability. In particular, Fujitsu has been a leader in developing three-dimensional, or multi-layer structures, new materials, and advanced process technologies (*2).
The new company will strengthen its sales efforts on North America, where the market for high value-added boards is concentrated. Focusing on its advanced interconnect technologies, the company will seek to rapidly bring competitive products to the worldwide market for IT and related equipment. The company's plans are for 50% of its sales to be outside Fujitsu by 2004.
*1. Interconnect technology
Connection technology used for high-speed transmission of data between processors or between servers. Includes technologies for increasing transmission speed over printed circuitry, multiple layers and signal frequencies.
*2. Advanced process technology
Technologies involved in the manufacturing stages of advanced components
Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting technologies, high-reliability/performance computing and telecommunications platforms, and a worldwide corps of systems and services experts make Fujitsu uniquely positioned to unleash the infinite possibilities of the broadband Internet to help its customers succeed. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 5 trillion yen (about US $38 billion) for the fiscal year ended March 31, 2002.
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