Sunday, April 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Ex-Apple CEO To Sell Mobiles In India
HTC Hired Ex-Samsung Marketing Officer
Xbox One Wolrdwide Sales Cross 5 million
Samsung Works With GLOBALFOUNDRIES On 14 nm FinFET Offering
Facebook To Find Nearby Friends
Console Sales Lift AMD's First Quarter Results
LG Expands 'Second Screen' TV Ecosystem With Open-Source SDK
Amazon Announces Kindle Service For Samsung Devices
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > Fujitsu...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, December 21, 2001
Fujitsu unit to sell assets to Western Digital


Japanese computer and chip-making conglomerate Fujitsu Ltd said on Friday its Thai subsidiary would sell some of its assets, including land and buildings, to Western Digital Corp, a U.S. maker of computer drives. It declined to disclose the terms of the deal.source: www.cdrinfo.com

Fujitsu said 1,100 workers at Fujitsu (Thailand) Co Ltd, which makes hard disk drives for computers, would be transferred to Western Digital and 1,400 jobs would be cut by March 2002.

The Thai unit had 5,000 employees as of August.

The move is part of Fujitsu's ongoing efforts to downsize less profitable units and streamline its core businesses to cope with the global high-tech slump and sizzling price competition.

The company said the Fujitsu group was aiming to withdraw from the desk-top segment and focus on mobile devices and computer servers for business use.

The move will not affect its earnings forecasts for the current business year through March, it said.

Fujitsu has projected a group net loss of 310 billion yen ($2.41 billion) on 5.2 trillion yen in sales.

Shares in Fujitsu fell 2.02 percent to 923 yen on Friday, underperforming the benchmark Nikkei average, which slipped 0.95 percent.


Previous
Next
Sharp announces new laser that supports up to 4x DVD-R/RW writing        All News        Sharp announces new laser that supports up to 4x DVD-R/RW writing
EzQuest introduces 120GB FireWire HD     General Computing News      LSI Logic releases high performance 36GB HD

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Fujitsu Launches New GS21 Series Mainframes Featuring New Processors
New Fujitsu LIFEBOOK E Professional Notebooks Delivers Functionality and Security
Fujitsu Releases Testing Platform for Mobile Apps
Fujitsu Field Trial Records 400 Gbps and 800 Gbps Networking Speed
Fujitsu Develops Glove-Style Wearable Device
Fujitsu Introduces a Convertible Ultrabooks, New Enterprise PC Models
Fujitsu Also Interested In Buying IBM's Server Business
Fujitsu Technology Searches Encrypted Data to Maintain Privacy
Fujitsu Launches The F-04F Business Smartphone
Fujitsu Develops Technology to Remotely Access Home PC Files Using a Smart Device
Fujitsu Launches New CELSIUS H730 Enterprise Laptop PC Workstation
New Methodology For Customized SoC Design Enables Higher Circuit Density

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .