Toshiba, Fujitsu to merge mobile phone business

Jun 17, 2010
A Toshiba mobile phone handset is modelled at a technology fair in Barcelona. Technology giants Toshiba and Fujitsu have said they will merge their mobile phone businesses in Japan to create the nation's second-largest cell phone maker.

Technology giants Toshiba and Fujitsu said Thursday they will merge their mobile phone businesses in Japan to create the nation's second-largest cell phone maker.

The two firms have decided to join hands to strengthen their handset development, particularly in terms of making smartphones.

will transfer its mobile phone business to a new company set for launch in October, in which Fujitsu will acquire the majority of shares.

"By combining their mobile phone development know-how and technological strengths, Fujitsu and Toshiba intend on enhancing their handset development capabilities and at the same time improving business efficiency," they said in a joint statement.

The step would create the nation's number-two mobile maker with a 18.7 percent share of the domestic market after the industry leader Sharp, which has a 26.2 percent share.

Fujitsu makes handsets for the nation's top mobile carrier, NTT DoCoMo.

Toshiba mainly supplies to the second-leading carrier KDDI, although it releases its products to NTT DoCoMo and Softbank.

Japanese cell phone makers are realigning their partnerships, as they look to shore up their in the saturated and competitive domestic mobile phone sector while trying to expand overseas.

and Toshiba plan to sign a final contract at the end of July.

Explore further: EU Parliament votes to break up Google

add to favorites email to friend print save as pdf

Related Stories

Japan phone makers team up to develop new platform

Apr 26, 2010

Four leading Japanese electronics makers said Monday they will team up with top network operator NTT DoCoMo to develop the operating system for its next-generation cellphones, due for launch next year.

Sharp in Japan mobile's top spot

Apr 25, 2006

Japanese electronics manufacturer Sharp has overtaken some of its largest domestic rivals in the industry to become the biggest mobile-phone maker in terms of shipments within Japan for the first time in the latest fiscal ...

NEC, Casio, Hitachi to merge handset businesses

Sep 14, 2009

(AP) -- Japanese electronics makers NEC Corp., Casio Computer Co. and Hitachi said Monday they will combine their mobile phone handset-manufacturing operations by April next year in a bid to boost their competitiveness at ...

Recommended for you

EU Parliament votes to break up Google

Nov 27, 2014

The European Parliament voted overwhelmingly for the break-up of Google Thursday in a largely symbolic vote that nevertheless cast another blow in the four-year standoff between Brussels and the US Internet ...

Toyota finds new air bag issue, recalls more cars

Nov 27, 2014

Toyota Motor Corp. recalled more than 40,000 vehicles in Japan on Thursday as part of a worldwide scare over defective air bags and is investigating a new type of air bag problem that could lead to further recalls.

Netflix sues Yahoo CIO for alleged kickbacks

Nov 26, 2014

Netflix is suing a former company vice president who is now chief information officer at Yahoo, accusing him of receiving money from vendors he hired to work with the video streaming company.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.