13 September 2011 Joint venture to take on Qualcomm? Joint venture to take on Qualcomm? Fujitsu, NEC and Panasonic Mobile Communications are reportedly in talks with NTT DoCoMo to develop chips for next generation smartphones, according to the Nikkei Business Daily. According to the Nikkei, the companies will develop chips that control wireless communications and signals – and could help reduce the 80% baseband market dominance currently held by Qualcomm. The article reported that DoCoMo will take a majority stake in the joint venture, to be capitalised at about 30billion yen ($389.6 million) and headquartered in Japan. It added that the chips will most likely be used in the partners' own smartphones and also sold to other handset manufacturers. According to the report, Samsung expects the joint venture to help it in the development of next generation telecommunication while DoCoMo hopes to lower chip procurement costs by taking part in development. Author Chris Shaw Comment on this article Websites http://e.nikkei.com/e/fr/freetop.aspx Companies FujitsuNEC (UK) LtdPanasonic Mobile Communications Europe LtdQualcomm UK LtdSamsung Electronics (UK) Ltd This material is protected by Findlay Media copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team. Enjoy this story? People who read this article also read... Arrow buys Nu Horizons Arrow is buying Nu Horizons in an all cash deal which values the ... Read Article Claire Jeffreys, NEW Claire Jeffreys, events director, National Electronics Week, ... Read Article Southern Manufacturing This year, Southern Manufacturing and Electronics is set to be ... Read Article NIDays 2013 NIDays is a technical conference designed specifically for ... Read Article What you think about this article: Add your comments Name Email Comments Your comments/feedback may be edited prior to publishing. Not all entries will be published. Please view our Terms and Conditions before leaving a comment.