Fujitsu General Limited has officially announced the sale of its power modules business, which is currently operated by its subsidiary Fujitsu General Electronics Ltd. (FGEL), to L&T Semiconductor Technologies. As part of this strategic agreement, the associated production facilities will be transferred to Kaynes Semicon Private Limited, the dedicated contract manufacturing unit of Kaynes Technology India Limited.
This transaction, valued at approximately ¥2 billion (₹12.8 crore), represents a major milestone in the semiconductor landscape. It signifies a meaningful step forward in fostering cross-border collaboration between Japan and India, two nations with growing industrial and technological synergies.
The deal is expected to be finalized on June 23, subject to regulatory clearance under Japan’s Foreign Exchange and Foreign Trade Act.
At Kaynes Semicon, we are proud to be an integral part of this strategic transformation that will enhance capabilities in semiconductor manufacturing and design. This initiative not only strengthens industrial ties between Japan and India but also contributes to the global semiconductor value chain through innovation, operational excellence, and growth-oriented partnerships.
We remain committed to delivering world-class solutions in the semiconductor domain and enabling technology advancements that align with national and global ambitions.
Key Highlights:
Transaction Value: ~¥2 billion (₹12.8 crore).• Closing Date: Expected by June 23, pending regulatory approval.• Involved Parties: Fujitsu General Ltd., L&T Semiconductor Technologies, Kaynes Semicon Private Limited.• Objective: Strengthen cross-border industrial collaboration and innovation in the semiconductor space
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