Oracle scores big win with Fujitsu Japan for its Alloy partner cloud
But Big Red's $8 billion investment plan may not be all it seems
Channel
19 Apr 2024 | 1
Fujitsu Ltd reported a first quarter net loss of ¥29.1bn ($303m) today, for the three months ended 30 June. Despite that, Japan's largest IT services company upped its income forecast for the full year by 13 per cent to ¥90bn ($948m), citing "rebounding demand for electronic components." It said total Q1 net sales tumbled …