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Lenovo purchases 51 percent of Fujitsu's PC business, helps them aim for the number one spot

Fujitsu has sold a controlling share in their PC division to Lenovo. (Source: Fujitsu)
Fujitsu has sold a controlling share in their PC division to Lenovo. (Source: Fujitsu)
A joint venture partnership has been announced between Lenovo, the Development Bank of Japan, and Fujitsu which results in Lenovo obtaining a controlling share of the new collaboration.

Today Lenovo, the Development Bank of Japan (DBJ), and Fujitsu Limited announced a strategic collaboration that sees the former two companies purchasing a 51 percent and 5 percent share respectively in ownership of Fujitsu Client Computer Limited (Fujitsu’s PC division). The joint venture focuses on all aspects of producing PCs (desktop and laptop) from research, through manufacturing to sales. The combined market share of both companies may allow Lenovo to reclaim their number one spot from HP.

Fujitsu will receive JP¥28 billion (US$245.4 million) from the sale, with JP¥25.5 billion (US$223.5 million) coming from Lenovo, which gives them a controlling share in the company. Fujitsu Client Computing Limited will continue to operate as a joint venture company under its current name, maintaining any currently established business relationships, and giving Lenovo an indirect market share in areas where Fujitsu was performing more strongly.

Fujitsu spun off their PC business in previous years as part of a strategy to isolate the less profitable parts of the operation. Fujitsu themselves remain a large and lucrative business with annual revenue of 4.5 trillion yen (US$40 billion) as an aggregation of all aspects of the company. Lenovo, by comparison, has only slightly higher annual revenue at $43 billion, but their focuses are almost entirely on PC, tablet, and smartphone.

While Fujitsu is a popular Japanese company with a good share locally, they have also achieved success internationally in desktop and laptop manufacturing due in part to the former partnership of Fujitsu-Siemens Computers (Based in Germany). This gave a strong presence in parts of Europe as well as Japan, the Middle East, Africa, and some other countries.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2017 11 > Lenovo purchases 51 percent of Fujitsu's PC business, helps them aim for the number one spot
Craig Ward, 2017-11- 2 (Update: 2017-11- 6)
Craig Ward
Craig Ward - News Editor
I grew up in a family surrounded by technology, starting with my father loading up games for me on a Commodore 64, and later on a 486. In the late 90's and early 00's I started learning how to tinker with Windows, while also playing around with Linux distributions, both of which gave me an interest for learning how to make software do what you want it to do, and modifying settings that aren't normally user accessible. After this I started building my own computers, and tearing laptops apart, which gave me an insight into hardware and how it works in a complete system. Now keeping up with the latest in hardware and software news is a passion of mine.