Monday, February 08, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Kingston Buys USB Technology and Assets of IronKey from Imation
LG'S Flagship SIGNATURE OLED TV Now Available In The U.S.
Imagination Tech CEO Steps Down As Company Reports Losses
Google Has A Gear VR Competitor In The Works: report
Sony Xperia Z5 and Xperia Z5 Compact Are Now Shipping In The U.S.
Following Outcry, Twitter's Dorsey Says Live Tweets Are Here To Stay
Samsung Files Patent For A Vein-authentication System On A Smartwatch
BlackBerry Cuts 200 Jobs To Trim Costs
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
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 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 Technology Enables Fast Image Recognition When Searching Into a Massive Volume of Images
Fujitsu Achieves 56 Gbps Transmission Speeds In Wireless and Optical Connections
Western Digital Buys Storage And Memory Patents From IBM
Fujitsu Develops High-Speed Authentication Technology for Encrypted Communications with IoT Devices
Toshiba, Fujitsu, Vaio In Talks To Merge Their PC Businesses
Western Digital Shipping First Helium-filled 10TB PMR HDD
Fujitsu Develops Software-Controlled Solid-State Drive for Big Data Processing
Fujitsu Technology Securely Turns Biometric Data into a Cryptographic Key
Canon and Fujitsu To Work On Network Cameras
Micron, Western Digital Consider Buying SanDisk: report
Fujitsu Achieves High Recognition Rate for Handwritten Chinese Characters
Fujitsu Receiver Could Enable Smartphones To Wirelessly Receive 8K HD Video Instantly

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 .