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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.
...Imagine you are lounging by the beach when it suddenly occurs to you that you forgot to buy a birthday gift for your nephew or that new laptop for your recent grad who is starting college next month. But why leave the beach? You can use your tablet or smartphone to jump on the Internet and start your shopping as you sit in your beach chair watching the waves. Welcome to mobile commerce.
M-commerce has quickly been adopted by 37 percent of U.S. consumers and is heavily driven by women and younger consumers (25-34). Driven by the popularity of mobile devices and the comfort consumers have found shopping on them, mobile commerce will continue to grow.
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