Japanese mobile operator NTT Docomo just announced it’s forming a three way partnership with five partners — Samsung, Panasonic, Fujitsu Limited, Fujitsu Semiconductor and NEC — to develop and sell chips for mobile devices. In step with the clicking release the fabless JV gets started once all involved finish hammering out the main points and concentrate on creating LTE-connected products for the worldwide market. NTT Docomo is investing $5.8 million to create a subsidiary, Communication Platform Planning Co., in preparation with considered one of its executives as CEO. Currently Qualcomm makes the vast majority of chips present in smartphones, but it surely appears to have some high-powered competition at the way soon.
TOKYO, JAPAN, December 27, 2011 — NTT DOCOMO, INC. announced today that it has reached a basic agreement with five companies – Fujitsu Ltd., Fujitsu Semiconductor Ltd., NEC Corporation, Panasonic Mobile Communications Co., Ltd. and Samsung Electronics Co., Ltd. – to set up a fabless three way partnership company by the tip of March 2012 to develop and sell semiconductor products for mobile devices.
The three way partnership company, leveraging the six investing companies’ strong backgrounds in cellular communication technology and vast experience in application specific integrated circuits (ASIC) design and foundry manufacturing, will develop feature-rich, small-size, low-power-consumption semiconductor products equipped with modem functionality. The three way partnership company will do something about developing products for LTE and LTE-Advanced mobile communication standards. The goods may be sold in markets globally.
The envisioned three way partnership company shall be formed once all parties agree at the details, which might be now being worked out through consultation. Following the elemental agreement announced today, and as portion of preparing to form the three way partnership company, DOCOMO plans to take a position 450 million Japanese yen, or about 5.8 million USD*, to determine an entirely owned subsidiary, called Communication Platform Planning Co., Ltd. and headed by CEO Mitsunobu Komori, concurrently an executive vice chairman and Chief Technical Officer of DOCOMO, by the center of January.
* USD = 78.13 yen as of November 30, 2011
About NTT DOCOMO
NTT DOCOMO is an international-leading mobile operator which is in transition into an Integrated Service Company placing mobility on the core. The corporate serves over 59 million customers in Japan via advanced wireless networks, including a nationwide 3G network and one of the crucial world’s first commercial LTE networks. Leveraging its unique capabilities as a mobile operator, DOCOMO is a number one developer of cutting-edge technologies for NFC mobile payments, mobile GPS, mobile TV, intuitive mobile assistance, environmental monitoring, smart grids and far more. Overseas, the corporate provides technical and operational expertise to 8 mobile operators and other partner companies. NTT DOCOMO is listed at the Tokyo (9437), London (NDCM) and Big apple (DCM) stock exchanges. Please visit www.nttdocomo.com for more info.
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