Fujitsu’s president predicted a doubling of profit...
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Fujitsu’s president predicted a doubling of profit to $352 million this year, thanks to a recovery in computer microchip demand. Takuma Yamamoto said the Japanese electronics firm has not abandoned hopes of joining with a U.S. computer chip maker, despite being blocked by the Reagan Administration from buying Fairchild Semiconductor Corp. on security grounds. Industry analysts said the company’s forecast is viable and may even be conservative.
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