Fujitsu, NEC Electronics, Renesas, and Toshiba to Aim for Standardization of Semiconductor Process Technology for Next-Generation LSI

TOKYO, Japan, June 13, 2006 -- Fujitsu Limited ("Fujitsu"), NEC Electronics Corporation ("NEC Electronics"), Renesas Technology Corp. ("Renesas Technology"), and Toshiba Corporation ("Toshiba") today announced that they have agreed to seek to define a standard process technology that can be applied to the manufacture of advanced system LSIs at the 45-nanometer (nm)* generation and beyond.

The joint program will define a basic standard for certain aspects of the process technology that will enable each company to have easier access to the intellectual property (IP) and libraries of the others, in consideration of possible shared use of one another’s wafer fabs and potential integration of fabs in the future. Following technical studies, the companies will strive to define the standardized specifications by the end of this year.

Success in defining a basic standard has the potential to promote cross use of IP and libraries among the participants, improve fab operating rates, and facilitate large-scale capital investments among the companies. The framework is expected to boost the overall efficiency of the companies as well as the Japanese semiconductor industry.

In consideration of Advanced Process Semiconductor Foundry Planning Co. Ltd.’s recommendations emphasizing the importance of process technology standardization at the 45nm generation and beyond, the four companies will strive toward this end.

*One nanometer is a billionth of a meter.

About Fujitsu

Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting device technologies, highly reliable computing and communications products, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that open up infinite possibilities for its customers’ success. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of about 4.8 trillion yen (US$40.6 billion) for the fiscal year ended March 31, 2006. For more information, please see: www.fujitsu.com

About NEC Electronics

NEC Electronics Corporation (TSE: 6723) specializes in semiconductor products encompassing advanced technology solutions for the high-end computing and broadband networking markets, system solutions for the mobile handsets, PC peripherals, automotive and digital consumer markets, and multi-market solutions for a wide range of customer applications. NEC Electronics Corporation has 25 subsidiaries worldwide including NEC Electronics America, Inc. (www.am.necel.com) and NEC Electronics (Europe) GmbH (www.eu.necel.com). For additional information about NEC Electronics worldwide, visit www.necel.com.

About Renesas Technology

Renesas Technology Corp. is one of the world’s leading semiconductor system solutions providers for mobile, automotive and PC/AV (Audio Visual) markets and the world’s No.1 supplier of microcontrollers. It is also a leading provider of LCD Driver ICs, Smart Card microcontrollers, RF-ICs, High Power Amplifiers, Mixed Signal ICs, System-on-Chip (SoC), System-in-Package (SiP) and more. Established in 2003 as a joint venture between Hitachi, Ltd. (TSE:6501, NYSE:HIT) and Mitsubishi Electric Corporation (TSE:6503), Renesas Technology achieved consolidated revenue of 906 billion JPY in FY2005 (end of March 2006). Renesas Technology is based in Tokyo, Japan and has a global network of manufacturing, design and sales operations in around 20 countries with about 26,200 employees worldwide. For further information, please visit http://www.renesas.com

About Toshiba

Toshiba, a world leader in high technology, is a diversified manufacturer and marketer of advanced electronic and electrical products spanning information & communications equipment and systems, digital consumer products, electronic devices and components, power systems, industrial and social infrastructure systems, and home appliances. In semiconductors, Toshiba continues to promote its leadership in the fast growing system LSI market and to build on its world-class position in NAND flash memories, analog devices and discrete devices. Toshiba has 172,000 employees worldwide and annual sales of over US$54 billion. Visit Toshiba’s web site at www.toshiba.co.jp/index.htm