00:00Welcome to my channel. Today's story is about a company that we don't talk about too often.
00:05And today I want to do a quick breakdown of their business story. So let's get into it.
00:10But first off, for those who are new here, welcome to the channel.
00:14On this channel, we talk about the business stories of companies.
00:18If you haven't already, please consider subscribing.
00:21Okay, so the company that we are talking about today is called Fujitsu.
00:25It is a Japanese multinational information and communications technology company
00:30that provides a variety of products and services, including computer hardware, software, networking,
00:37air conditioning systems, elevators, etc.
00:40But I think most people know them from their mobile phones.
00:44They're one of the largest mobile carriers in Japan.
00:46It was founded in 1935 by Koki Hirota in Tokyo, Japan.
00:51The original name of the company was Furukawa Denki Kabushiki Gaisha,
00:55which roughly translates to Furukawa Electric Company.
00:59However, in 1981, the company would be renamed to Fujitsu Limited.
01:03This came after they had acquired the former Ampex Corporation in the United States.
01:09Ampex used the Fujitsu brand in some of their products.
01:12So when they acquired them, they decided to use the same name for the parent company.
01:17Over the years, Fujitsu would make several acquisitions,
01:20one notable one being the acquisition of ICL, a British computer company, in 1990.
01:26In 2003, Fujitsu would buy Scion, a British mobile device manufacturer.
01:32And in 2010, they would acquire another British company called Scion.
01:37Scion was an IT solutions company.
01:39All of these were significant transactions for Fujitsu
01:42because they allowed them to expand internationally
01:45and diversify their product offerings.
01:48But nowadays, their primary business can be broken down into four categories.
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