Fujitsu aiming to ink PC deal with China's Lenovo within fiscal year

Fujitsu Ltd. is aiming to reach an agreement on integrating its personal computer business with China's Lenovo Group Ltd., the world's biggest PC maker, by the March 2017 end of fiscal 2016, Fujitsu President Tatsuya Tanaka has said. The integration may take place in fiscal 2017, Tanaka said in an interview. Fujitsu announced the integration plan in October, with its PC business slumping on the back of the shrinking PC market amid the growing popularity of smartphones. Fujitsu's PC brand, FMV, will be kept intact, but it is believed that Lenovo will take the lead in the PC operations after the integration. The two firms are currently in talks on maintaining the Fujitsu group's PC production and development bases, including two plants and jobs at the facilities.