Wednesday, February 25, 2009
Fujitsu Ltd may cut product lines, reorganise factories and slash jobs to turn around its overseas PC business.
Fujitsu is to buy Siemens AG's 50 percent stake in their PC joint venture in April, aiming to better compete with IBM and Hewlett-Packard, which dwarf it in computer markets in Europe, the Middle East and Africa.
Fujitsu Siemens Computers is Europe's biggest maker of personal computers and employs about 10,500 people worldwide, mostly in Germany, but the company said in November it would slash around 700 jobs.
Fujitsu would sell its consumer PC business after making Fujitsu Siemens Computers a wholly owned unit, and a possible buyer included Chinese computer maker Lenovo.
By: DocMemory
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