drag2share: NTT Docomo, Panasonic, Samsung and more team up to take on Qualcomm over cellphone chips

Source: http://www.engadget.com/2011/12/27/ntt-docomo-panasonic-samsung-and-more-team-up-to-take-on-qualc/

Japanese mobile operator NTT Docomo just announced it's forming a joint venture with five partners -- Samsung, Panasonic, Fujitsu Limited, Fujitsu Semiconductor and NEC -- to develop and sell chips for mobile devices. According to the press release the fabless JV will get started once all involved finish hammering out the details and focus on creating LTE-connected products for the global market. NTT Docomo is investing $5.8 million to create a subsidiary, Communication Platform Planning Co., in preparation with one of its executives as CEO. Currently Qualcomm makes the majority of chips found in smartphones, but it appears to have some high-powered competition on the way soon.

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NTT Docomo, Panasonic, Samsung and more team up to take on Qualcomm over cellphone chips originally appeared on Engadget on Tue, 27 Dec 2011 02:02:00 EDT. Please see our terms for use of feeds.

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