Tech

NTT Docomo to develop smartphone chips with Samsung, others

Reuters | Posted on Dec 27, 2011 at 02:23pm IST

Tokyo: NTT Docomo Inc, Japan's biggest mobile phone service operator, said Tuesday it will partner with South Korea's Samsung Electronics Co and other Japanese firms to develop chips for smartphones.

Docomo and Samsung will be joined by NEC Corp Panasonic Corp and Fujitsu Ltd in the venture. Docomo will invest $5.8 million to create a subsidiary in preparation for the start of the partnership, it said in a statement.

Fabricating chips will help the companies reduce their reliance on components supplied by Qualcomm Inc, which dominates the market for semiconductors used in smartphones.

NTT Docomo to develop smartphone chips with Samsung

Docomo and Samsung will be joined by NEC Corp Panasonic Corp and Fujitsu Ltd in the venture.

(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)

Comments (0)

All comments will be published after moderation

Previous story

Five Questions: Nokia on its future strategy

Next story

Any GSM phone vulnerable to new scam: Researcher