Talks to Merge PC Units of Toshiba, Fujitsu and Vaio Risk Collapse

Talks to merge the personal-computer units of Toshiba Corp., Fujitsu Ltd. and Vaio Corp. risk collapsing, people familiar with the matter said, increasing the likelihood that the companies would need to find a way to survive separately in the low-margin industry.

Japan Industrial Partners Inc., a fund that purchased a controlling stake in Vaio from Sony Corp. in 2014, has already left the...

Talks to Merge PC Units of Toshiba, Fujitsu and Vaio Risk Collapse