Oct 14, 2022
Fujitsu: How a Japanese firm became part of the Post Office scandal
Japanese firm Fujitsu is at the heart of the Post Office's IT scandal. In the 1970s, the Japanese government was trying to counter the dominance of America's IBM, and provided 57bn yen of financial support to three giant technology alliances, one of which was Fujitsu. The firm was struggling to keep up with its international competitors, and by 1981 it had lost £18.7m,. Fujitsu and ICL were a perfect match. The government has confirmed that Fujitsu is no longer on some approved vendor lists, but remains a strategic supplier and can still compete for and win government contracts. The TSE and the securities firm involved fought a decade-long legal battle, with the court eventually ruling in 2015 that Fujitsu as a software developer wasn't legally liable, and that the TSE must pay the securities firm.
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