Toshiba Semiconductor to Establish China Headquarters in Wuxi, China
April 22, 2010
Toshiba Semiconductor recently announced that the company will settle its China headquarters in the premises where Toshiba Semiconductor (Wuxi) originally located in Wuxi, Jiangsu province of eastern China, in a bid to expand its market presence in China, the Xinhua News Agency reported. In November 2009, Toshiba Semiconductor (Wuxi) - a JV between Toshiba and Wuxi Hanzhi Semiconductor since 2002 - formed a new JV with the Nantong Fujitsu Microelectronics, with an aim to achieve the competitiveness and flexibility necessary to meet short delivery requests in China. The new JV is dedicated to large-scale R&D and production of IC products and camera module. The former premises of Toshiba Semiconductor (Wuxi) assigned for production management after the Toshiba Semiconductor-Nantong Fujitsu Microelectronics merger will soon become Toshiba's China headquarters.