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Fujitsu finally faces the cold, hard smartphone facts

Sale of handset unit to free up resources for AI and the internet of things

This Fujitsu phone could withstand a soaking, but industry shifts have proved too much to bear.   © Reuters

TOKYO -- Fujitsu is ditching cellphones to concentrate on fields where it believes it has a better shot at competing: artificial intelligence and the internet of things.

The Japanese information technology company absorbed Toshiba's mobile phone unit in 2012. Fujitsu's claim to handset fame, though, is the Raku-Raku Phone -- an easy-to-use feature phone aimed primarily at older consumers. The handset business has been bringing in more than 150 billion yen ($1.36 billion) in annual sales. 

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