TOKYO (Reuters) - Japan's Hitachi Ltd said on Friday it would cease production of chips used in information and telecoms hardware at the end of March 2014.
"The semiconductor industry has seen an increasingly horizontal division of labor in terms of development, design and manufacturing in recent years," said Hitachi in a statement.
Hitachi, an industrial manufacturer that makes goods ranging from nuclear reactors to washing machines, said efforts to boost cost efficiency and competitiveness drove the decision.
(Reporting by Mari Saito; Editing by Michael Watson)
Small But Honest Columnist Again Forced to Correct Highest-Rated Show on Cable TV | Human Events
John Hawkins - If Trump's Campaign Collapses, It'll Be For One Of These 6 Reasons
Carrie Schwab Pomerantz - Can You Borrow From Your IRA?
Man Dies Attempting Appendix Carry Reholster In Milkwaukee - Bearing Arms - appendix carry, Milwaukee, Negligent Discharge, Timothy Phonisay, Wisconsin
Hillary's New Campaign Strategy: Trolling | RedState
Quotes of the day - Hot Air
#AllLivesMatter signs are everywhere — including the sky — at Glenn Beck's Unity March