0
IT

Lenovo completes acquisition of 51% of Fujitsu PC business

Wednesday 2 May 2018 | 13:01 CET | News
Lenovo announced that it's completed its joint venture with Fujitsu in the PC market, as first announced last November. Lenovo acquired 51 percent of Fujitsu's PC business, and the Japanese company will continue to own 44 percent of the joint venture. Lenovo also entered into a number of services agreements with Fujitsu, to cover manufacturing, distribution, brand licensing and R&D. The Development Bank of Japan holds the remaining 5 percent in the venture. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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: IT
Companies: Fujitsu / Lenovo
Countries: Japan / World
::: add a comment

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

Fujitsu to cut 2,100 jobs in Germany, close Augsburg PC plant

Published 29 Oct 2018 10:04 CET | Germany
Fujitsu plans to close its PC assembly plant in Augsburg, Germany by September 2020. The decision is part of a global ...

Fujitsu streamlines management, company structure

Published 26 Oct 2018 10:53 CET | World
The company has streamlined its management structure, in line with its growth strategy and goals to becoming a more flexible ...

Fujitsu revenues, profit fall, hit hard by restructuring charges

Published 26 Oct 2018 09:53 CET | Japan
Fujitsu revenues and profit fell in the second quarter, as expected, on the back of restructuring charges following the sale of ...

Lenovo returns to profit as quarterly sales grow 19%

Published 16 Aug 2018 08:50 CET | World
Lenovo reported a return to profit in its fiscal first quarter to June, driven by revenue growth and cost savings from the merger ...

Fujitsu Q1 profits up on one-time gains, revenues fall 6%

Published 26 Jul 2018 13:03 CET | Japan
Fujitsu reported a strong increase in profit for its fiscal first quarter, to JPY 97 billion from JPY 7.4 billion, helped by a ...

Lenovo posts FY loss as mobile losses offset PC recovery

Published 24 May 2018 08:47 CET | World
Lenovo posted a net loss for its fiscal year to March of USD 189 million, versus a profit of USD 535 million a year earlier, hurt ...

Fujitsu expands managed security service for defence against diversifying cyber-attacks

Published 09 May 2018 17:52 CET | World
Fujitsu is expanding its Fujitsu Security Solution Global Managed Security Service, which provides centralised lifecycle support, ...

Lenovo, Disney bring new multiplayer mode to Star Wars VR app

Published 07 May 2018 06:09 CET | World
Lenovo announced it added a multiplayer mode to its smartphone powered augmented reality experience 'Star Wars: Jedi Challenges' ...

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 ...





Calendar   /   Industry Events

26 Apr Eltel Q1 results
26 Apr Tecnotree Q1 2019
26 Apr KPN Q1 2019
26 Apr NEC fiscal Q4
26 Apr NTT Docomo fiscal Q4
26 Apr Sony fiscal Q4
26 Apr RTL AGM
29 Apr Chunghwa Telecom Q1 2019
29 Apr A1 Telekom Austria Group Q1 2019
29 Apr America Movil Q1 2019
29 Apr NXP Semiconductors Q1 2019
29 Apr Spotify Q1 2019
29 Apr SBA Communications Q1 2019
29 Apr ON Semiconductor Q1 2019
29 Apr Idemia Q1 2019
29 Apr Harmonic Q1 2019
29 Apr Alphabet Q1 2019
29 Apr Sohu Q1 2019
29 Apr Televisa Q1 2019
29 Apr China Telecom Q1 2019
29 Apr Orange Poland Q1 2019
29 Apr On Semiconductor Q1 2019
29 Apr Network Transformation Congress
30 Apr Telenor Q1 2019
30 Apr MediaTek Q1 2019
30 Apr Intelsat Q1 2019
30 Apr Megacable Q1 2019
30 Apr Euskaltel Q1 2019
30 Apr NextGenTel Q1 2019
30 Apr Twilio Q1 2019
::: More Calendar Items