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Japan-Update

Fujitsu's first-half profit heading for 7-year high

Smartphone part sales, system development orders buoy earnings

Fujitsu is planning to sell its mobile phone business.

TOKYO -- Fujitsu's operating profit is expected to jump by about 50% in the April-September half to reach a seven-year high, thanks to growing smartphone part sales and products for mobile phone base stations.

The Japanese information technology company's operating profit probably will reach about 40 billion yen ($366 million) in the six-month period, bringing it close to the 47.1 billion yen recorded in April-September 2010.

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