Fujitsu wants to integrate with Lenovo soon

Tinuku ~ Fujitsu is eager to realize an agreement to integrate PC business with Lenovo. The electronics giant based in Tokyo Fujitsu Ltd. hopes to build an immediate agreement in integrating its personal computer business with computer giant Beijing-based Lenovo Group Ltd.

Tinuku Fujitsu wants to integrate with Lenovo soon

Fujitsu President Tatsuya Tanaka said on Tuesday June 6 that they are in talks with Lenovo to work together in designing and manufacturing PCs. The two companies have planned to finalize the deal that has been discussed since last year.

"We are in the final stages of finding the best way to create synergies for our two companies, and we hope to realize them soon" Tanaka told a news conference.

The talks are ongoing as smartphone sales and increasingly sophisticated tablet computers weigh on demand in the global PC market that peaks.

Japanese companies have been upholding the traditional electronic market. They are increasingly lagging behind in innovation and increasingly marginalized in the global competition for the computer market including in the automotive sector.

This agreement allows Lenovo to become the world's largest PC maker to increase purchasing power and consolidate its foothold in the PC market where margins are thin.

Levono previously purchased PC International Business Machines Corp.'s PC division in 2005 and created a PC joint venture with NEC Corp in 2011.

"Details of potential future cooperation are still under discussion and there is no time frame for communicating right now," said Charlotte West, a spokeswoman for Lenovo.