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Fujitsu And NEC Set Up Mobile Phone Chip Company To Challeng
In order to reduce dependence on foreign mobile phone chip manufacturers, Fujitsu, NTT Docomo and NEC announced the establishment of a joint venture to produce smart phone chips. The new company name "AccessNetworkTechnology", Fujitsu will hold a 52.8% stake,NTT Docom will hold 19.9%, NEC will hold 17.8 percent. In accordance with the original plan, Fujitsu wanted alone to establish the chip factory.The joint venture will be developed to control the wireless communications and signal chip, and production operations will be outsourced to other companies. Fujitsu said the new company's goal is to win the global smart phone chip market share of 7% to 2014. In addition, the new company will also develop products for LTE networks and next-generation network technology. The new company's main competitors include Qualcomm. Last year, these three companies, as well as Panasonic and Samsung have announced a collaboration, ready to produce its own mobile phone chip. However, due to differing views were expressed that the program was canceled in April of this year.
    
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