Saturday, July 02, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
BMW Group, Intel and Mobileye Team Up to Bring Autonomous Driving to Streets by 2021
Nvidia Says New GeForce GTX 1060 Is Faster Than AMD's Radeon TX 480
Micron To Reduce Workforce Following Slow Third Quarter Results
Apple in Talks to Buy Tidal: Report
U.S. Authorities To Investigate Tesla's Crash in Autopilot Mode
Oracle To Pay HP $3 billion In Itanium Case
ZTE To Invest $180 Million In Tech Start-ups
Alliance Storage Technologies Releases New NETArchive NAS Storage Solution
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 Develops Energy-Saving Technology to Cool Data Centers
Fujitsu Technology Analyzes Cyber Attacks
Fujitsu Releases New Enterprise PC and Tablet Models
Fujitsu, Vaio, Toshiba, Abandon PC Merger Plans
Fujitsu Develops 400 Gbps Optical Transceiver Architecture
Western Digital to Buy SanDisk For $15.8 Billion
Fujitsu Launches its Secure 2 in 1 STYLISTIC Q736 Device
New My Cloud EX2 Ultra NAS Storage Offers Up To 12 TB Capacity
New Deep Fujitsu Learning Technology Analyzes Time-Series Data With High Precision
Fujitsu Develops Encryption Technology Able to Match Multi-Source Data Encrypted with Different Keys
Fujitsu Technology Enables Fast Image Recognition When Searching Into a Massive Volume of Images
Fujitsu Achieves 56 Gbps Transmission Speeds In Wireless and Optical Connections

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .