Fujitsu Ltd. ADROTCPK - Current
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
Jul. 27, 2012, 3:15 AM