Toshiba Dropping Out Of Joint Venture With Fujitsu

Advertisement

Fujitsu-Toshiba Mobile Communications is Japan’s second mobile phone manufacturing company after Sharp and it has been recently announced as a Windows Phone OEM, with the Fujitsu-Toshiba IS12T already being unveiled.

It appears that Toshiba will be dropping out of the joint venture and Fujitsu is planning on buying its shares out. Fujitsu will become whole after acquiring Toshiba’s 19.9% and adding it to its own stake of 80.1% in 2012. Will this affect Windows Phone? Will the IS12T be the only phone Fujitsu Toshiba ever made?

Source: 47news

Via: Engadget

Advertisement
What's your reaction?
Love It
0%
Like It
0%
Want It
0%
Had It
0%
Hated It
0%
About The Author
Anton D. Nagy
Anton is the Editor-in-Chief of Pocketnow. As publication leader, he aims to bring Pocketnow even closer to you. His vision is mainly focused on, and oriented towards, the audience. Anton’s ambition, adopted by the entire team, is to transform Pocketnow into a reference media outlet.Given his background, and knowing his potential, something tells us he will succeed this time too! Stick around!