Fujitsu in talks with Polaris Capital Group for sale of its mobile phone unit

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…

Qualcomm Technologies Inc signs non-binding MOU with 4 Chinese companies worth $2 billion

The agreement, spanning several years, covers areas of technology related to RF Front-End components. Qualcomm Technologies Inc stated it has signed memorandums of understanding (MOU) for sales worth at least $2 billion with Xiaomi Communications, Lenovo Group, Vivo Communication Technology and the Guangdong OPPO Mobile Telecommunications Corp. On Thursday, the U.S. chipmaker disclosed that the…