Fujitsu to Spin Off Two Divisions
Fujitsu announced it has decided to spin off its shared technology and design divisions and convert them, as of October 1, 2007, into two newly established corporations, Fujitsu Advanced Technologies Limited and Fujitsu Design Limited. Fujitsu is making its broad operational expertise and experience available to customers through the provision of business process outsourcing (BPO) services. Now, in conjunction with this approach, Fujitsu is separating into independent subsidiaries its shared technology and design divisions.
When formed into an independent company, Fujitsu’s shared technology divisions will utilize technology and expertise developed over many years to offer contract development and design and technology consulting services not only to Fujitsu Group companies but also to customers who manufacture electronic devices and equipment. In recent years, servers, storage systems and networking equipment have achieved ever-higher levels of speed and capacity, as well as greater energy efficiency and low-noise operation. Similarly, PCs and mobile phones have achieved great strides in miniaturization and multi-functionality. Product development cycles in these areas are now shorter than ever before.
As a new approach it is proposing to its customers, Fujitsu is promoting the concept of Field Innovation, which aims to foster innovation in the realms of business, individual lifestyles, and society at large by continually improving processes and IT while emphasizing the central role played by people. To advance this effort, it is essential to make greater use of people’s knowledge as a concrete initiative in this regard. Full details Here.