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Mitsubishi Corporation Considers a Bid for Shinko Electric: Reports

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Exclusive-Mitsubishi Corp Considering Bid for Fujitsu s Chip Unit Shinko Electric -Sources

Exclusive-Mitsubishi Corp Considering Bid for Fujitsu s Chip Unit Shinko Electric -Sources
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Exclusive-Mitsubishi Corp considering bid for Fujitsu s chip unit Shinko Electric -sources

Mitsubishi Corp is considering bidding for Fujitsu's chip packaging unit Shinko Electric Industries, two sources said, as Japan's top trading house weighs an entry into semiconductor manufacturing. Mitsubishi, owned 8.3% by Warren Buffett's Berkshire Hathaway, has set up a team to explore the possibility of entering the so-called back-end manufacturing process, which involves mounting chips on frames, connecting wires and packaging, the sources, who are familiar with the matter, said.

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