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ON Semiconductor announced an agreement to purchase a 30% incremental share of Fujitsu Semiconductor's 8-inch wafer fab in Aizu-Wakamatsu, Japan, increasing its ownership to 40%. The purchase is scheduled to close on April 1, 2018, with plans to reach 60% by H2 2018 and 100% by H1 2020.
“Fujitsu Semiconductor Limited and ON Semiconductor announced an agreement that ON Semiconductor will purchase a 30 percent incremental share of the Fujitsu’s 8-inch wafer fab in Aizu-Wakamatsu, resulting in 40 percent ownership when the purchase is completed.”eeworldonline.com
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