In November 2017, Lenovo announced that it had reached strategic cooperation with Fujitsu to integrate their PC businesses, and would purchase 51% of the shares of Fujitsu's personal computer business FCCL to form an actual holding. A few days ago, Lenovo officially announced that the purchase and sale of 51% of the total issued share capital of FCCL had been completed on May 2, 2018.
After the completion of the transaction, Lenovo Group owned 51% of the issued shares of FCCL, while Fujitsu accounted for 44%. The other 5% of the shares of FCCL were held by the Japanese Policy Investment Bank. It is reported that Lenovo and Fujitsu will cooperate in many fields and sign a number of agreements, including transitional services, research and development, manufacturing, sales and distribution, and service agreements. Fujitsu continues to use the original brand name in Japan and provides relevant after-sales services.
At present, Lenovo's sales volume in the global PC market ranks second. According to the previous survey report issued by the authoritative market research organization IDC, in the first quarter of 2018, Dell, which ranked first, accounted for 22.6% of the global PC market, while Lenovo accounted for 20.4%. Industry insiders said that after holding FCCL, Lenovo's PC business will actually regain the first place in the world, accounting for about 24% - 25%.
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