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 Send to email | NTT DoCoMo, Samsung and four others create joint venture for LTE development in |  By Todd Haselton
el 28-Dec-2011 |
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NTT DoCoMo, Samsung, Fujitsu, Fujitsu Semiconductor, NEC and Panasonic announced plans on Tuesday to establish a joint venture in which the firms hope to work together to create LTE and LTE Advanced products. The fabless JV will specifically focus on the development of “feature-rich, small-size, low-power-consumption semiconductor products equipped with modem functionality” for LTE and LTE Advanced networks. Products developed by the companies will be sold globally. NTT DoCoMo will invest $5.8 million in the joint venture but it is unclear how much of an ownership stake it will have, or how much the other five companies plan to invest. They hope to have the partnership fully established by March of next year. NTT DoCoMo’s press release follows after the break.
DOCOMO and Five Companies to Set Up Communication Platform Joint Venture Company
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 establish a fabless joint venture company by the end of March 2012 to develop and sell semiconductor products for mobile devices.
The joint venture 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 joint venture company will focus on developing products for LTE and LTE-Advanced mobile communication standards. The products will be sold in markets globally.
The envisioned joint venture company will be formed once all parties agree on the details, which are now being worked out through consultation. Following the basic agreement announced today, and as part of preparing to form the joint venture company, DOCOMO plans to invest 450 million Japanese yen, or about 5.8 million USD*, to establish a wholly owned subsidiary, called Communication Platform Planning Co., Ltd. and headed by CEO Mitsunobu Komori, concurrently an executive vice president and Chief Technical Officer of DOCOMO, by the middle of January.
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| NTT DoCoMo, Samsung and four others create joint venture for LTE development | | NTT DoCoMo, Samsung, Fujitsu, Fujitsu Semiconductor, NEC and Panasonic announced plans on Tuesday to establish a joint venture in which the firms hope to work together to create LTE and LTE Advanced products. The fabless JV will specifically focus on the development of “feature-rich, small-size, low-power-consumption semiconductor products equipped with modem functionality” for LTE and [..] Read complete article | | Published 28-Dec-2011 by Todd Haselton in
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| Samsung to buy Sony?s share of S-LCD joint venture for $940 million | | Samsung will purchase Sony’s 50% share of S-LCD, a joint venture created by both companies in 2004, for $939.6 million. Both companies will continue to cooperate on the development of new LCD panel technology, however, and Sony says it hopes to “secure a flexible and steady supply” of LCD panels from Samsung moving forward. “With whole ownership of S-LCD, Samsung anticipate [..] Read complete article | | Published 26-Dec-2011 by Todd Haselton in Businessacquisitionjoint ventureLCDPurchaseS-LCDSamsungsony
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| Corning and Samsung form joint venture to combine ?Lotus Glass? with OLED displays |  Samsung and Corning ? best known for its Gorilla Glass products ? announced a new joint venture this week that will manufacture specialty glass substrates for OLED displays. The joint venture will be based in South Korea and will combine Samsung’s OLED display technology with Corning’s ultra tough Lotus Glass substrate. The new displays will be utilized in mobile devices as well as lar [..] Read complete article | | Published 03-Feb-2012 by Todd Haselton in BusinessCorninggorilla glassjoint ventureJVmobileOLEDSamsungSamsung MobilesubstrateTVWendell Weeks
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| Sharp and Sony to terminate joint LCD venture | | Sharp and Sony on Wednesday released a joint statement to announce the end of the companies’ joint venture to produce and sell LCD panels. Due to the “rapidly changing market for LCD panels and LCD televisions,” Sony will sell its shares of the venture, which represent 7.04% of the company. The manufacturer will also receive a cash payment equal to its original investment of 10 b [..] Read complete article | | Published 24-May-2012 by Dan Graziano in BusinessSharpsony
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| AT&T considering joint venture with T-Mobile if merger falls apart |  AT&T is reportedly considering a joint venture with T-Mobile USA parent company Deutsche Telekom instead of buying T-Mobile USA outright. Sources speaking to The Wall Street Journal said the plans are far from final, but such a deal could be looked at more closely now that AT&T is facing a number of roadblocks with its planned merger. AT&T recently withdrew its application from the FCC [..] Read complete article | | Published 30-Nov-2011 by Todd Haselton in BusinessRumorsAT&TDeutsche Telekomjoint ventureJVT-Mobile USA
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| Open source as corporate joint venture | | A new report from the Linux Foundation reveals the extent to which the most famous and successful open source software project - the development of the Linux operating system - has shifted from being a volunteer effort to being a corporate initiative. Of the many thousands of changes that have been made to the Linux kernel over the past three years, fully 73.2% came from employees working on behal [..] Read complete article | | Published 21-Apr-2008 by Rough Ty in General
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| Sony will pay ?1.05 billion to de-Ericsson its mobile joint venture | | Ericsson on Thursday announced that it has agreed to sell its stake in Sony Ericsson to Sony Corporation for ?1.05 billion in cash. The deal is in line with earlier reports. Sony will become the sole owner of the mobile company, and it will integrate Sony Ericsson devices into its “broad platform of network-connected consumer electronics products.” The deal also includes a cross-licens [..] Read complete article | | Published 27-Oct-2011 by Zach Epstein in BusinessMobileacquisitionbuy-outEricssonSmartphonessonySony Ericsson
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| T-Mobile UK and Orange to form massive joint venture |  Our pals across the pond are going to be facing some changes in the coming months as Deutsch Telekom and France Telecom are planning a massive merger in the UK. The companies are reportedly preparing to combine T-Mobile UK and Orange to form what will become the largest telco on the island, assuming the joint [...] [..] Read complete article | | Published 08-Sep-2009 by Marc Flores in NewsOrangeT-MobileDeutsch TelekomFrance TelecomUKunited kingdom
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| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
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