"Socionext", which was formed by integrating the semiconductor divisions of Fujitsu and Panasonic, has listed its shares on the prime market of the Tokyo Stock Exchange.
As the importance of semiconductors increases worldwide, the market capitalization exceeded 140 billion yen based on the closing price on the 12th, making it a large-scale listing.
At the Tokyo Stock Exchange, Socionext Chairman and President Masahiro Koezuka attended a ceremony to celebrate the listing.
This company is characterized by its "fabless" business, which outsources production and specializes in design and development.
We have expanded our business by designing and developing "logic semiconductors" that are capable of advanced arithmetic processing and are used in data centers and automobiles.
The company plans to use the funds obtained from the listing to research and develop semiconductors for autonomous driving and 5G base stations, which are expected to grow in the future. It enhances your senses or attracts attention.
Chairman and President Koezuka said, "In order to win in global competition, it is necessary to compete in cutting-edge fields. Unless we improve development efficiency, we will not be able to grow in the future." I showed the idea of putting in.