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Wednesday, 28 December 2011

5 Japanese Tech Companies (And Samsung) Set Up LTE Mobile Chip Venture


LG_Optimus_LTE_Launch_in_Japan_5001
Big news from Asia’s mobile market today: Japan’s biggest mobile carrier NTT Docomo (55 million customers, over US$50 billion in sales per year) isteaming up with five other tech powerhouses to develop chips for next-generation mobile devices. Docomo’s partners are NEC, Fujitsu, Fujitsu Semiconductor Ltd., Panasonic, and Samsung.
The goal is to use synergies in the six companies’ expertise in developing small and eco-efficient chips to supply to mobile device manufacturers in Japan, Korea, and other places. Docomo says the main focus will be on “products for LTE and LTE-Advanced mobile communication standards”.
The carrier plans to set up a subsidiary ( “Communication Platform Planning Co.”) as early as next month, capitalize it at US$5.8 million, and turn that subsidiary into a fabless joint venture with the other partners in March next year. According to Japan’s biggest business newspaper The Nikkei, Docomo plans to become the biggest shareholder in the joint venture.
Source:http://techcrunch.com/2011/12/27/5-japanese-tech-companies-samsung-chip/

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