Fujitsu and Toshiba are the latest companies that have confirmed the bad financial situation. Both companies are looking for a way out, and we have already heard about possible mergers. Fujitsu is the first to make the necessary cuts, splitting its PC and mobile divisions.

The spinoffs will create two new companies. The first Fujitsu Client Computing Limited will be in charge of laptop and desktop products, while the second Fujitsu Connected Technologies will deal with mobile phones. Fujitsu will own both companies, but the question is for how long. The split will be completed on February 1.