NTT Docomo to develop smartphone chips with Samsung, others
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NTT Docomo to develop smartphone chips with Samsung, others

www.reuters.com   | 27.12.2011.

TOKYO (Reuters) - NTT Docomo Inc, Japan's biggest mobile phone service operator, said Tuesday it will partner with South Korea's Samsung Electronics Co and other Japanese firms to develop chips for smartphones.
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Docomo and Samsung will be joined by NEC Corp Panasonic Corp and Fujitsu Ltd in the venture. Docomo will invest $5.8 million to create a subsidiary in preparation for the start of the partnership, it said in a statement.

Fabricating chips will help the companies reduce their reliance on components supplied by Qualcomm Inc, which dominates the market for semiconductors used in smartphones.

($1 = 78.1000 Japanese yen)

(Reporting by Tim Kelly; Editing by Edwina Gibbs)


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