Fujitsu confirms Lenovo computer tie-up talks, says to maintain logo

TOKYO Japan's Fujitsu Ltd on Thursday confirmed it turned into in talks with China's Lenovo institution to cooperate inside the design and manufacture of personal computer systems (laptop), and that any outcome would see it hold its personal computer brand.

The assertion comes at a time whilst sales of an increasing number of sophisticated smartphones and tablet computer systems squeeze call for in a international pc marketplace that peaked half of a decade in the past.

The feasible alliance with the arena's largest computer maker "is geared toward strengthening our brand and enterprise," Fujitsu President Tatsuya Tanaka stated at a briefing in Tokyo after the employer released its cutting-edge income report.

"Scale is fundamental to fee reduction, specially when operating globally," he stated.

Fujitsu and Lenovo, in a joint statement, said they were exploring way of cooperation and were discussing monetary help with the state-backed development financial institution of Japan.

Tanaka declined to comment further at the same time as details have been below discussion.

Reuters said the talks in advance in October. At that point, someone acquainted with the matter stated an alliance could see Lenovo gain manage of Fujitsu's pc enterprise to permit the japanese firm to attention on IT services for corporate clients.

For Lenovo, a deal may want to assist enhance its shopping energy and consolidate its footing in a computer marketplace in which profit margins are skinny. The chinese company's preceding laptop offers include buying the pc department of international enterprise Machines Corp in 2005 and creating a pc joint task with NEC Corp in 2011.

Fujitsu additionally on Thursday stated its running profit more than doubled in the 2nd region to 37.1 billion yen ($355 million).Its percentage price ended up 7.8 percent after the bulletins, as compared with a zero.three percent decline in the Nikkei common stock charge index.