CORPORATE GOVERNANCE

Fujitsu Launches New Entity 1FINITY To Bolster Network Products Business

215views

By Ron Chen, Bureau Chief, Asia

Fujitsu Limited has announced that it will transfer its network products (photonics and mobile systems) business to new company 1FINITY Inc, Cyber Era NG learns.

We gather that the new company, scheduled for formation on July 1, 2025, will be a wholly owned subsidary of Fujitsu Limited. By consolidating its network[1]related operations into 1FINITY, Fujitsu aims to deliver high-quality, competitive network solutions globally and  contribute to the evolution of telecommunications infrastructure that supports societal foundations.

Fujitsu’s Medium-Term Management Plan, announced on May 24, 2023, envisions the company transforming  into “a technology company that realizes net positive through digital services” by 2030. To realize this vision,  Fujitsu has identified “Business Model and Portfolio” as one of its key strategies, positioning the three years up  to 2025 as a period for building a model for sustainable growth and improved profitability.

The establishment of  1FINITY is a strategic initiative in line with this Medium-Term Management Plan. Fujitsu aims to strengthen the  network products business while clarifying management responsibility and accelerating the decision-making  process towards the growth of global business and expansion. It is 1FINITY’s goal to respond quickly to the rapidly changing market environment and create innovation through the timely provision of products that maximize the use of cutting-edge technology, shifting to software technology, and expanding into the AI data  center market.

This establishment of this new company will allow both Fujitsu and 1FINITY to leverage their respective strengths, and empower the Fujitsu Group as a whole to provide total solutions that support the transformation  of society and the corporate sector, thereby leading to improved value for customers.

Leave a Response

bahis canlı casino siteleri canlı bahis siteleri