Fujitsu Considers Selling PC Business to Lenovo - News Summed Up

Fujitsu Considers Selling PC Business to Lenovo


TOKYO—Fujitsu Ltd. said Thursday that it was in talks to sell its personal-computer arm to industry leader Lenovo Group Ltd., a move that would accelerate the withdrawal of once-mighty Japan electronics makers from the mass-market PC business. Fujitsu has been trying to strip out noncore businesses to improve profitability, and its shares closed up 5.7% in Tokyo trading as investors welcomed the likely offloading of a loss-making...


Source: Wall Street Journal October 06, 2016 01:01 UTC



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