DoCoMo Corrals Chip Companies To Take On Qualcomm
NTT DoCoMo today announced a joint venture with Fujitsu, NEC, Panasonic, and Samsung to "develop and sell semiconductor products for mobile devices." The chips will focus on LTE and LTE-Advanced technology. The venture should allow the companies to reduce their dependence on Qualcomm. The companies are still working out details, and expect the venture to commence operations at the end of March 2012. To get the ball rolling early, DoCoMo plans to establish a subsidiary called Communication Platform Planning Co. by mid-January, which will then become part of the joint venture.