Sign up for our newsletter - Navigating the horizon of business technology​
Technology / AI and automation

DESPITE HIGH YEN, FUJITSU SEES 24% RISE IN COMPUTER EXPORTS IN ITS FIRST HALF

Fujitsu Ltd has broken out its figures for the first half of its fiscal 1988 to show data processing equipment sales up 12.8% at the equivalent of $3,993m. Exports of computers – that includes processors to Amdahl Corp and to ICL Ltd, which also takes point of-sale terminals – did even better, rising 24% to $680.7m, still only 17% of total business. Fujitsu attributes the progress to the popularity of its new products, notably supercomputers, workstations, and laptops. Its current generation of mainframes, the M700 series, is also selling well, with total sales for this year expected to reach 1,000 units. Exports have been growing despite the strong yen, although total growth for the year expected to moderate to 19.8%. Over next few years, the company expects to have to expand overseas production, beginning with its disk drive manufacturing operation in Portland, Oregon.

White papers from our partners


This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.