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Fujitsu forms PC, mobile subsidiary companies

Fujitsu spins off PC and mobile divisions into subsidaries, wants to be more efficient in crowded market
By: Sean Ridgeley | Business, Financial & Legal News | Posted: Dec 28, 2015 8:25 pm

On Christmas Eve, Fujitsu finalized plans to spin off its PC and mobile divisions into two separate subsidiary companies, dubbed Fujitsu Client Computing Limited and Fujitsu Connected Technologies Limited, respectively.

 

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Fujitsu's motivation boils down to a desire for more efficiency and distinction, particularly in the face of the ever-crowded PC and mobile markets.

 

The company will allocate 400 million yen (about 3.3 million USD) and 8,000 shares to each of the new subsidiaries.

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