The rest of the world now seems to have caught up with the fact that Fujitsu has walked away from any involvement in the buyout of Fairchild Semiconductor from Schlumberger Ltd (CI No 733) and will now concentrate on building up its US presence from its own resources – although it is negotiating foundry agreements with Fairchild: the move leaves Intergraph Inc as the only named party interested in a stake in Fairchild, and meantime Fujitsu has announced plans to invest $130m building a chip plant in Gresham, Oregon; it will also expand its disk plant in Hillsboro, Oregon by 30% to 50% next year, taking annual output on completion to some $100m.
