Japanese firms like NTT DOCOMO, Fujitsu, NEC and Panasonic Mobile Communications have decided to come together with Samsung to produce chips related to wireless communications. According to highly reliable Nikkei business daily, these companies are joining hands with Samsung to produce baseband chips and thus, reduce the reliance on Qualcomm chips that controls 80 percent of the market.
The status and participation of other companies are unknown but DOCOMO will have a majority stake in the group who’ll invest about 30 billion yen or around US$390m and Samsung will help in the development of the chip.
[Via Reuters]
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