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joint venture

NTT DoCoMo, Samsung and four others create joint venture for LTE development

December 28th, 2011

NTT DoCoMo, Samsung, Fujitsu, Fujitsu Semiconductor, NEC and Panasonic announced plans on Tuesday to establish a joint venture in which the firms hope to work together to create LTE and LTE Advanced products. The fabless JV will specifically focus on the development of “feature-rich, small-size, low-power-consumption semiconductor products equipped with modem functionality” for LTE and …

Samsung to buy Sony’s share of S-LCD joint venture for $940 million

December 26th, 2011

Samsung will purchase Sony’s 50% share of S-LCD, a joint venture created by both companies in 2004, for $939.6 million. Both companies will continue to cooperate on the development of new LCD panel technology, however, and Sony says it hopes to “secure a flexible and steady supply” of LCD panels from Samsung moving forward. “With …

AT&T considering joint venture with T-Mobile if merger falls apart

November 30th, 2011

AT&T is reportedly considering a joint venture with T-Mobile USA parent company Deutsche Telekom instead of buying T-Mobile USA outright. Sources speaking to The Wall Street Journal said the plans are far from final, but such a deal could be looked at more closely now that AT&T is facing a number of roadblocks with its …

Huawei to acquire Symantec’s 49% stake in Huawei Symantec for $530 million

November 15th, 2011

Huawei announced on Monday its intentions to purchase Symantec’s 49% stake in Huawei Symantec, a joint venture between the two companies that was originally formed in 2008, giving Huawei full control of the company. “The integration of Huawei Symantec’s innovative security and storage technology with Huawei’s enterprise products will reinforce Huawei’s leading position in cloud …

Japanese tech firms to take on Qualcomm with help of Samsung

September 13th, 2011

NTT DoCoMo, Fujitsu, NEC and Panasonic are discussing a joint venture with Samsung that could be created as early as next year, Reuters reported recently. The companies will develop new smartphone baseband chips in an attempt to compete directly with Qualcomm, which currently has an 80% grip on the baseband chip industry. NTT DoCoMo will …

Nokia, Siemens bail on effort to sell Nokia Siemens Networks

July 13th, 2011

Nokia and Siemens have given up efforts to sell Nokia Siemens Networks, Reuters reported on Wednesday. The firms had been trying to sell the joint venture, which has had troubles reporting a profit, for the past year. “The timing for selling the unit could hardly have been worse; there are clear signs from companies like …

Facebook and Google eyeing Skype joint venture, possible purchase

May 5th, 2011

Facebook and Google are in separate talks to enter joint ventures with Skype, Reuters reported on Thursday. Facebook’s CEO Mark Zuckerberg has also reportedly been in clandestine meetings discussing an all-out purchase of the VoIP service. Skype’s IPO, which is expected to occur later this year, could be worth $1 billion, however, deals with Facebook …