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China's Lenovo, Fujitsu in talks over strategic tie-up in PC business

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Kyodo News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2016/nation2/10/27/lenovo102716.jpg"/><figcaption><div class="embed-desc">A Lenovo logo is seen at the computer in Kiev, Ukraine April 21, 2016. <em>REUTERS/Gleb Garanich/File Photo</em></div></figcaption></figure></div><p>TOKYO - China&#x27;s Lenovo Group Ltd. and Fujitsu Ltd. are in talks to form a strategic partnership in the personal computer business, as the Japanese electronics maker aims to stay competitive in a shrinking market, the two companies said Thursday.</p><p>Lenovo -- the world&#x27;s biggest PC maker -- and major Japanese PC manufacturer Fujitsu said they were considering joining forces in the research and development, design and manufacturing of PCs for global markets.</p><p>The two companies added they were also in talks with the Development Bank of Japan for financial and other support.</p><div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2016/nation2/10/27/fujitsu102716.jpg"/><figcaption><div class="embed-desc">A logo of Fujitsu is pictured at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2016 at the Makuhari Messe in Chiba, Japan, October 3, 2016. <em>REUTERS/Toru Hanai/File Photo</em></div></figcaption></figure></div><p>In Japan, Lenovo has a joint venture with NEC Corp. a dominant player in the domestic PC market.</p><p>PC makers are facing tough times amid intense competition with companies selling smartphone and tablet devices. Chinese and other foreign players have also been making inroads into the Japanese market.</p><p>The move comes after the breakdown in talks about forming a trilateral merger of PC operations of Fujitsu, Toshiba Corp., which was stung by an accounting scandal, and Vaio Corp., a spinoff from Sony Corp.</p>

<p>TOKYO - China's Lenovo Group Ltd. and Fujitsu Ltd. are in talks to form a strategic partnership in the personal computer business, as the Japanese electronics maker aims to stay competitive in a shrinking market, the two companies said Thursday.</p>

TOKYO - China's Lenovo Group Ltd. and Fujitsu Ltd. are in talks to form a strategic partnership in the personal computer business, as the Japanese electronics maker aims to stay competitive in a shrinking market, the two companies said Thursday.