The Vsmart phones will be made at a factory in Vietnam’s capital, Hanoi, and will be sold in the EU and European markets from April 2020. On Friday, Vietnam’s biggest-listed firm by market value, Vingroup JSC stated it had signed a deal with Qualcomm and with a unit of Japan’s Fujitsu Ltd, to produce 5G…
The effort is in line with Fujitsu’s intent on offloading its non-core businesses. On Friday, Fujitsu Ltd stated it is holding talks with Polaris Capital Group to sell its mobile phone business to the investment fund, a deal which could fetch as much as $456 million (50 billion yen). Japan’s Nikkei news agency stated that…
The bidding for the sale is set to begin from September with expected proceeds in the range of hundreds of millions. A Japanese business daily has reported, Fujitsu Ltd is looking at options to divest its mobile operations in the face of fierce competition from bigger rivals. Last February, Fujitsu spun off its mobile phone…
business-gurus.com 