Reuters: Technology News: Fujitsu, NEC, Docomo launch smartphone chipmaker

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Fujitsu, NEC, Docomo launch smartphone chipmaker Aug 1st 2012, 07:02 Tweet Share this Email Print Related News Apple, Samsung launch salvos as smartphone trial heats up Tue, Jul 31 2012 Smartphones power record Samsung profit of $5.9 billion during Apple lull Fri, Jul 27 2012 UPDATE 3-KLA-Tencor sees lower revenue as economy weighs Thu, Jul 26 2012 TSMC posts second-highest quarterly profit; sees Q4 dip Thu, Jul 19 2012 Qualcomm cuts outlook for current quarter, sees strong December Wed, Jul 18 2012 Analysis & Opinion The sensible hunt for manufacturing jobs Intel deal closes circuit to faster chips, growth A logo of Fujitsu is pictured at a trade show for Japan's manufacturing industry in Tokyo June 20, 2012. Credit: Reuters/Yuriko Nakao TOKYO | Wed Aug 1, 2012 3:02am EDT TOKYO (Reuters) - Fujitsu Ltd, NTT Docomo Inc and NEC Corp launched a new company on Wednesday to manufacture smartphone chips as Japanese firms attempt to cut their reliance on foreign-made mobile chips. The venture pits the Japanese companies against Qualcomm Inc, the world's largest mobile chip manufacturer and leading supplier of core microchips used in fast-selling smartphones and tablets. Fujitsu will own 52.8 percent of Access Network Technology Ltd, which it previously planned to set up on its own. NTT Docomo and NEC will acquire 19.9 percent and 17.8 percent respectively of the company, while Fujitsu Semiconductor Ltd will own the remaining 9.5 percent, the companies said. The joint venture will develop chips that control wireless communications and signals, while outsourcing production, the companies said. Access Network Technology will aim to gain 7 percent of the global market share for smartphone chips by 2014, Fujitsu said. The new company will also research products for high-speed Long-Term Evolution (LTE) networks and next generation network technology. Together with Panasonic Corp, the three companies in Access Network Technology announced a partnership last year with South Korea's Samsung Electronics Co Ltd to manufacture their own cellphone chips. The deal was called off this April after the companies failed to agree on partnership terms. Smartphone and tablet makers were hit with supply uncertainty earlier this year after Qualcomm warned in April it would be unable to meet demand for its advanced chips due to a capacity shortfall at contract manufacturer Taiwan Semiconductor Manufacturing Co Ltd. (Reporting by Mari Saito and Maki Shiraki; Editing by Richard Borsuk) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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