Focuses on developing products for LTE and LTE-Advanced mobile communication standards
NTT DOCOMO has signed an agreement with five companies, Fujitsu, Fujitsu Semiconductor, NEC Panasonic Mobile Communications and Samsung Electronics, to establish a fabless joint venture company by the end of March 2012 to develop and sell semiconductor products for mobile devices.
Under the agreement DOCOMO plans to invest 450 million Japanese yen, or about 5.8 m USD, to establish a wholly owned subsidiary, called Communication Platform Planning and this subsidary will be headed by CEO Mitsunobu Komori, concurrently an executive vice president and Chief Technical Officer of DOCOMO.
The joint venture company will develop feature-rich, small-size, low-power-consumption semiconductor products equipped with modem functionality.
In addition, the joint venture company will focus on developing products for LTE and LTE-Advanced mobile communication standards.
The envisioned joint venture company will be formed once all parties agree on the details, which are now being worked out through consultation.