Fujitsu is denying a report that the company may work with Panasonic to combine their unprofitable semiconductor businesses over the next year. The Innovation Network Corp. of Japan and the Development Bank of Japan would be involved in the deal, NHK said. "These reports are not based on any official announcement made by Fujitsu or interview between a Fujitsu executive and the media. No decision has been made regarding this matter," Fujitsu said.
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