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Fujitsu ( (JP:6702) ) has provided an update.
Fujitsu announced the establishment of a new subsidiary, 1FINITY Inc., through a company split to enhance its photonics and mobile systems business. This strategic move aligns with Fujitsu’s Medium-Term Management Plan to transform into a technology company that emphasizes digital services by 2030. By creating 1FINITY, Fujitsu aims to strengthen the business, improve decision-making, and foster innovation, particularly in the artificial intelligence data center market, thereby increasing value for customers and supporting corporate and societal transformation.
More about Fujitsu
Fujitsu Limited is a prominent player in the technology industry, focusing on digital services and solutions. The company is involved in the research, development, design, manufacture, sales, planning, maintenance, and operation of photonics, mobile systems, and other network products, with a market focus on enhancing technological capabilities and expanding into global markets.
YTD Price Performance: 23.11%
Average Trading Volume: 4,663
Technical Sentiment Signal: Strong Sell
Current Market Cap: $37.12B
For detailed information about 6702 stock, go to TipRanks’ Stock Analysis page.