Top 10 Consumer Electronics Companies in the World 2017

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9. Fujitsu

Fujitsu was created in the year 1935 as a wholly owned subsidiary of Fuji Electric Limited.

Image: company website

This Japanese consumer electronics giant is headquartered in Tokyo, and was originally called the “Fuji Telecommunications Equipment Manufacturing”. The first product to be produced and marketed by Fujitsu was carrier transmission equipment, in the year 1937, which was a great achievement at that in the field of consumer electronics.

Just two years later, Fujitsu ventured into the production of radio communication equipment. The first milestone in the history of the company, however, came in 1954 with the development of Japan’s first commercial computer, the FACOM 100. Close to a decade later, Fujitsu developed the FACOM 230, which was the most advanced domestic computer of the time. This also came at a critical time for Fujitsu, as IBM had been dominating the market in that time period.

Fujitsu made the strategic decision to invest to invest in Amdahl Corporation, which was setup by an ex-employee of IBM. The next milestone came in the form of the release of the Fujitsu-Hitachi M Series high speed computer in the late 1970s. 1982 saw Fujitsu coming up with Japan’s first supercomputer.

Fujitsu purchased 80% stakes in ICL, a leading mainframe manufacturer from the UK, in 1990; in 1997, Fujitsu acquired Amdahl Corporation. 1999 saw Fujitsu enter into an alliance with Siemens AG to form Fujitsu Siemens Computers, while also entering into a joint venture with Sakura Bank Ltd to create the first internet bank in Japan.

The major competitors of Fujitsu are NEC Corporation, Hitachi, Toshiba, Mitsubishi, Sony, HP and IBM. The president of the company is Mr. Tatsuya Tanaka.

Revenue (USD) : 10.23 Billion

Profit (USD) : 0.34 Billion

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