L&T Semiconductor Technologies has acquired Fujitsu General's power module business for ₹118.34 crore, marking the company's most significant deal since its inception in late 2023.
www.fortuneindia.com, Jul. 26, 2025 –
Larsen & Toubro’s bet on semiconductors is beginning to pay off. In a bold strategic move that signals its global intent, L&T Semiconductor Technologies Ltd (LTSCT) has acquired the power module business of Japan’s Fujitsu General for ₹118.34 crore —marking the company’s most significant deal since its inception in late 2023.
The acquisition, which includes Fujitsu General’s power semiconductor R&D team, IP, and product development assets, will give LTSCT a critical edge in one of the most competitive and high-growth areas of the chip market: power semiconductors.
These components are essential to a wide range of high-growth sectors such as energy, automotive—particularly electric vehicles—and industrial applications like robotics, HVAC, and air conditioning. Moreover, power semiconductors operate at high voltages—ranging from 48 volts in compact electronics to 8,500 volts in energy infrastructure. Managing such levels of power, often running through devices carrying thousands of amps and generating up to 17 megawatts, demands extremely sophisticated packaging technologies—something Fujitsu had refined over decades.