Fujitsu Statement on Sale of Plasma Assets
FAIRFIELD, NJ - Fujitsu General America today issued a statement that last month's announcement by its parent company, Fujitsu Limited, regarding the impending sale of assets in Fujitsu-Hitachi Plasma Inc. (FHP), will not affect Fujitsu General America's core business.
Stated Tedd Rozylowicz, President, COO, Fujitsu General America: "The sale of Fujitsu LTD's assets in FHP to Hitachi will have absolutely no effect on Fujitsu General America and its ability to provide finished products all over the world. First of all, the AVM technology that we use in our plasma display panels is not part of this transaction, and we have no plans to sell this core technology. The partnership between Hitachi and Fujitsu LTD is strictly related to the glass component, and does not mean that we have benefited from any special relationship in terms of pricing or raw materials sourced from FHP."
Mr. Rozylowicz continued: "Just as we have in the past, Fujitsu General America will continue to purchase glass components and other raw materials for our products from the company or companies that offer the highest quality products at the best prices, including FHP. We remain committed to providing the American market with industry-leading plasma display products and we will continue to be a viable entity for finished goods products for years to come, setting quality and performance standards regardless of where we source our raw materials."
About Fujitsu General America
Fujitsu General America is a subsidiary of Fujitsu General Limited, headquartered in Kawasaki, Japan. Founded in 1936, Fujitsu General is the worldwide leader in the development of plasma display monitors and has been the front-runner in the commercialization of plasma display technology. For additional information, please visit www.plasmavision.com .