Fujitsu, NTT DoCoMo and NEC launch their own mobile chip maker to take on Qualcomm: Access Network Technology Limited
The joint venture will start operations this month (August), focusing on “the development and sales of semiconductor products with built-in modem functions for use in communications equipment.” In other words, it’ll make its own mobile chips for smartphones that are going to be released under the Fujitsu, NEC and DoCoMo brands (and possibly other brands, too).
The move, as Reuters points out, is aimed at reducing dependency on foreign chip makers, especially Qualcomm. Reportedly, Access Network Technology hopes “to gain 7 percent of the global market share for smartphone chips by 2014.”
Fujitsu will own 52.8% of the new company, DoCoMo 19.9%, NEC 17.8%, and Fujitsu Semiconductor 9.5%.
Fujitsu, NEC and DoCoMo are not at their first attempt to establish a mobile chip joint-venture. They wanted to create a similar company earlier this year (together with Samsung and Panasonic), but didn’t agree on terms, so plans for that have been scrapped.
Via Press release
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