Japanese IT firm Fujitsu has announced a plan to spin off their mobile device business into a separate company. Under the deal, investment firm Polaris will take over management and assume control of 70% of the company, while Fujitsu will retain a 30% stake. While Sony is the largest Android device manufacturer in Japan, Fujitsu is also a major contender. Fujitsu’s Arrows series of smartphones and tablets are available primarily on NTT Docomo, the largest mobile network operator in Japan.
Fujitsu selling majority stake in mobile phone division to investment firm was written by the awesome team at Android Police.
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