Fujitsu to Spin-Off Handset Manufacturing
According to this report Fujitsu has announced that it will spin-off its mobile phone manufacturing and service divisions and consolidate the operations into Fujitsu Mobile-phone Products Ltd, a new subsidiary to be established January 2008. The consolidation is expected to improve operational efficiency and, in turn, the cost competitiveness of Fujitsu mobile phones.
The new company will consolidate the mobile phone manufacturing and service operations with the aim of improving product quality and reducing product delivery time. More specifically, unifying manufacturing and service into one company will accelerate manufacturing innovation in both areas of operation, while ensuring that customers enjoy the highest quality products and after-sales service throughout the product lifecycle. With more efficient and nimble operations, the company will strengthen the Fujitsu mobile phone lineup, helping to bring new products to market faster using a customer-centric approach.