0
Wireless

Fujitsu planning to sell mobile phone business - report

Tuesday 22 August 2017 | 10:07 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Japanese IT giant Fujitsu is planning to sell off its mobile phone operations after struggling to compete with global rivals in recent years, according to a Nikkei report. Tokyo-based Fujitsu spun off its mobile phone operations into a separate company in February 2016 and is now looking for potential buyers, with first-round bidding potentially starting as soon as September. Interested parties include investment funds Polaris Capital Group and CVC Capital Partners plus China's Lenovo and Huawei as well as Taiwan's Foxconn, said the report, adding that the unit will likely be sold for "tens

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Fujitsu
Countries: World
::: add a comment
This article is part of dossier

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Foxconn expands in CE market with acquisition of Belkin for USD 866 mln

Published 27 Mar 2018 08:36 CET | World
Foxconn Interconnect Technology (FIT) has agreed to acquire Belkin International for USD 866 million in cash. The takeover will ...

Fujitsu confirms talks with Polaris on possible mobile phone sale

Published 26 Jan 2018 13:37 CET | Japan
Fujitsu has confirmed reports that it's in talks with Polaris Capital Group on a possible sale of its mobile phone business. The ...

Fujitsu to combine PC business with Lenovo

Published 02 Nov 2017 08:30 CET | Japan
Fujitsu has agreed to sell its PC business in Japan to Lenovo and form a new joint venture. Fujitsu will receive JPY 28 billion ...

Fujitsu returns to profit in Q1 on gain from ISP sale

Published 27 Jul 2017 13:15 CET | Japan
Fujitsu returned to a net profit of JPY 2.1 billion in its fiscal first quarter to June, reversing a loss of 14.1 billion a year ...

Fujitsu forecasts strong increase in FY profit

Published 28 Apr 2017 10:45 CET | Japan
Fujitsu reported full-year profits slightly ahead of its outlook and said it expects a further big increase in the year to March ...

Fujitsu maintains FY outlook after strong rise in Q3 profit

Published 31 Jan 2017 09:31 CET | Japan
Fujitsu reported a strong improvement in profits for its fiscal third quarter to December, thanks largely to cost-cutting as ...

KDDI confirms Biglobe acquisition for JPY 80 bln

Published 08 Dec 2016 08:41 CET | Japan
Japanese operator KDDI has completed a share transfer agreement under which it will acquire all of the shares of Biglobe from the ...

Fujitsu develops low power consumption tech for 5G

Published 06 Sep 2016 09:13 CET | World
Fujitsu Laboratories built a prototype wireless unit incorporating inter-subarray coding technology, which makes it possible to ...

Fujitsu to split PC, smartphone business, create IoT unit

Published 29 Oct 2015 11:02 CET | Japan
Fujitsu announced plans to restructure its Ubiquitous Solutions division, creating separate units for PCs, smartphones and the ...





Calendar   /   Industry Events

19 Oct Capacity Europe 2020
21 Oct Ericsson Q3 2020
21 Oct Telenor Q3 2020
21 Oct DNA Q3 2020
21 Oct Netgear Q3 2020
21 Oct Crown Castle Q3
21 Oct Telia Q3 2020
21 Oct Verizon Q3 2020
21 Oct Profile: Budget Alles-in-1
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
22 Oct AT&T Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Nordic Entertainment Q3 2020
22 Oct Intel Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct Rogers Q3 2020
23 Oct Doro Q3 2020
23 Oct Orange Belgium Q3 2020
23 Oct Airtel Africa H1 results
26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Microsoft fiscal Q1
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Telefonica Brasil Q3 2020
::: More Calendar Items