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.
Read More