Friday, August 17, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google To Release Lightweight Version of Android Pie for Entry-level Smartphones
Japan Accuses Apple of Pressuring Game Rivals: Nikkei
Intel Introduces New NUC Kits and NUC Mini PCs
Samsung Exynos Modem 5100 Is the First 5G Modem Fully Compliant with 3GPP Standards
Samsung and Harman Kardon Provide Sound in New Premium Soundbar Lineup
Intel Discloses New Chip Security Flaws
Trendforce Confirms New iPhone Launch This Fall, Including a Budget Version
NVIDIA Unveils Turing Architecture, Quadro RTX Ray-Tracing GPU
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 > PC Parts > Lenovo ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, October 31, 2017
Lenovo Could Take Over Fujitsu's PC Unit


Fujitsu and China's Lenovo Group will announce a final agreement to integrate their personal computer operations as soon as this week, the Nihon Keizai Shimbun reports, although Fujitsu is not confirming it yet.

The two companies announced a strategic partnership on PC operations in October 2016 and began integration talks soon after. But details concerning the integrated unit's structure after the deal had delayed the negotiations.

According to the report, Lenovo already has reached a basic agreement to buy into Fujitsu Client Computing. It is expected to take a 51% stake for around 20 billion yen ($176 million), while the Development Bank of Japan holds a 5% interest. Fujitsu's stake will likely decline from 100% to 44%, the report added.

"This report was not based on any official announcement made by Fujitsu. In February 2016 Fujitsu split off its PC business, and has been exploring a strategic cooperation in the PC business with Lenovo. However, Fujitsu has not yet reached an agreement with regard to entering into a contract. Negotiations toward entering into a contract as soon as possible remain ongoing," Fujitsu said.

Following the joint venture, Fujitsu Client Computing will maintain its laptop manufacturing center in Shimane Prefecture and its FMV brand of PCs, the Nikkei report added. Lenovo took control of Fujitsu compatriot NEC's personal computer operations in 2011 but will keep those Japanese facilities separate from Fujitsu's business.



Previous
Next
Sony Raises Earnings Outlook, as Camera Chips, TVs Fuel Recovery        All News        Samsung Reports Strong 3Q Results on Semiconductor Profits
Microsoft Surface Pro with LTE Advanced Coming in December     PC Parts News      Intel Launches the Blazing-Fast Optane 900P SSD

Get RSS feed Easy Print E-Mail this Message

Related News
UMC Buys Mie Fujitsu Semiconductor
E3: Updated Lenovo Legion Gaming PCs are Stylish and Savage
Lenovo's PC Sales Shows Signs of Life, Although Smartphones Sales Remain Low
Fujitsu Launches Quantum-Inspired Digital Annealer Cloud Service
Lenovo Unveils New moto g6 and moto e5 Smartphones
Lenovo Debuts Ruggedized Chromebook Trio and New Lenovo Yoga 730 and 530 ab MWC
Fujitsu Releases with the new 2 in 1 Tablet STYLISTIC Q738
Lenovo Recalls the ThinkPad X1 Carbon 5th Gen Laptop
Lenovo's PC and Smart Device Businesses Grow, But Mobile Turnaround Target Missed
Fujitsu to Sell Stake in Mobile Phone Unit to Polaris
Fujitsu in Talks to Sell Mobile Phone Business
Fujitsu Unveils Next-Generation ETERNUS All-Flash and Hybrid Storage Systems

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .