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Fujitsu sells power modules business to India-based L&T Semiconductor and Kaynes Semicon in strategic realignment

Fujitsu General Ltd. announced that it agreed to sell its power modules business, operated by subsidiary Fujitsu General Electronics Ltd. (FGEL), to India’s L&T Semiconductor Technologies (LTSCT) for approximately JPY2 billion (approx. US$12.8 million). The move is part of Fujitsu’s broader strategy to streamline its portfolio and focus on its core tech solutions business, reports CNBC-TV18 and the Economic Times.