The media became aware of the plans of the Japanese electronics manufacturer Fujitsu to get rid of the telephone business because of strong competition in the market.

According to the Nikkei Japanese business newspaper, interest in buying a business developed by Fujitsu for the production of smartphones show investment funds, including the Tokyo Polaris Capital Group and the British CVC Capital Partners. In addition, the transaction is interested in the Chinese computer manufacturer Lenovo Group.

The first round of trading for telephone assets of Fujitsu is expected in September 2017. The manufacturer expects to earn tens of billions of yen (hundreds of millions of dollars) on the deal,.

According to his information, Fujitsu will stop development and production of mobile phones, but wants to keep a small share in this business and its brand on the market.

In Fujitsu, commenting on rumors about the sale of telephone business, they said that "various options are being considered, including the creation of alliances with other companies," but no final decisions have yet been taken.

At the end of 2015, Fujitsu announced the separation of the division for the production of smartphones into an independent company called Fujitsu Connected Technologies. This was done to improve the efficiency and competitiveness of business.

During the 12-month reporting period closed March 31, 2017, the division's revenue Ubiquitous Solutions, which takes into account income from sales of personal computers and mobile phones, amounted to about 1 trillion yen (8.8 billion dollars), which is 1.5% less A year ago.

Nikkei writes that many Japanese companies that once successfully created cell phones left the market. In the early 2000s, there were 11 such manufacturers, but now there are four of them: Sony, Sharp, Kyocera and Fujitsu. The company Mitsubishi Electric and Toshiba withdrew from business in 2008 and 2012 respectively, NEC and Panasonic left the market in 2013.

True, Panasonic is now creating smartphones for the Indian market.

The appearance in the media of information about Fujitsu's plans to abandon the release of phones slightly changed the value of the company's shares: on Tuesday, August 22, they rose in price only by 0.6% to the closing of the stock exchange in Tokyo. However, at the beginning of trading quotations rose by 2%. At the end of July 2017, the securities of the company traded at the highest levels since March 2015, notes The Financial Times.