Fujitsu, Toshiba in merger talks: FT

Robert Clark
14 Jun 2010

Japanese tech giants Fujitsu and Toshiba have begun negotiations on merging their mobile phone businesses, creating what would be Japan’s second-largest handset vendor.

The merger, if it goes ahead, would leave Japan with five handset makers, down from ten in 2007. reports.

Rivals Casio, Hitachi and NEC combined their assets into a single handset business last September, currently the third largest behind Sharp and Panasonic.

Japanese handset firms have pioneered new tech, such as LCD screens and flip phones, but have failed to expand outside their home market.

This is partly because of the powerful role of Japanese operators, who have prescribed the specs for new phones and provided generous subsidies.

The spate of mergers follows a 40% in domestic sales over the past two years after operators ended their subsidies, FT reported.

The merged business would be majority-owned by Fujitsu, which has roughly 15% of the Japanese market, three times that of Toshiba, FT said.

Related content

No Comments Yet! Be the first to share what you think!
This website uses cookies
This provides customers with a personalized experience and increases the efficiency of visiting the site, allowing us to provide the most efficient service. By using the website and accepting the terms of the policy, you consent to the use of cookies in accordance with the terms of this policy.