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Fujitsu and Toshiba to merge cell phone units, go international

– June 17, 2010Posted in: Fujitsu, General, Headline, Merger, MobileCrunch, cell phones, cgjapan, toshiba

We reported last week that two of Japan’s top cell phone makers, Fujitsu and Toshiba, were in talks to merge their cell phone businesses. And today, we have the rumor confirmed. Under the agreement, Toshiba will spin off its handset unit and Fujitsu is expected to take the majority stake in the joint venture (between a whopping 70 and 80%, according to reports in Japanese media).

Read the rest on MobileCrunch.

Fujitsu and Toshiba to merge cell phone units, go international

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Fujitsu and Toshiba to merge cell phone units, go international

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