Fujitsu Ltd. ADR
 (FJTSY)

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  • Dec. 3, 2015, 6:52 PM
    • Japan's Nikkei reports Toshiba (OTCPK:TOSBF), Fujitsu (OTCPK:FJTSY), and Sony spinoff Vaio are thinking of combining their PC units, thereby creating a firm possessing 30% of the Japanese PC market (topping current leader NEC Lenovo's 26.3%).
    • The companies are reportedly "aiming to hatch a basic agreement as early as this month and launch the combined company in April 2016." The Nikkei adds Vaio would be "the surviving company" within the group. Toshiba is relatively strong in North America, and Fujitsu in Europe.
    • The report comes in a rough year for PC sales. IDC estimates global shipments fell 10.8% Y/Y in Q3, with Japanese sales hurt by a weak yen, high inventories, and a relative lack of Windows 10 promotional efforts.
    • Last week: Toshiba thinking of selling stake in chip unit
    | Dec. 3, 2015, 6:52 PM | 1 Comment
  • Jul. 27, 2012, 3:15 AM
    Fujitsu is said to be in talks to sell its main semiconductor plant to Taiwan Semi (TSM), apparently as part of a plan to separate manufacturing from design.
    | Jul. 27, 2012, 3:15 AM
Company Description
Fujitsu Ltd. is the parent company of a group engaged in three divisions: software services, platforms and electronic devices. Co.'s principal products include system integration, system installation and operation, system consulting, and management of information systems; servers, peripheral... More
Sector: Technology
Country: Japan