JointVenture

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  • Samsung, NTT DoCoMo to develop smartphone chips in proposed joint venture

    by 
    Amar Toor
    Amar Toor
    09.13.2011

    Qualcomm may be facing some new competition in the mobile chip space, now that NTT DoCoMo and three other Japanese firms are looking to join forces with Samsung. According to Japan's Nikkei business daily, the quartet of firms (which includes Fujitsu, NEC and Panasonic's mobile unit) is currently finalizing negotiations with Samsung over a proposed joint venture that would design, develop and market smartphone chips. The partners are reportedly planning to incorporate the new chips into their own devices, while selling them to other handset manufacturers, as well. DoCoMo would hold a majority stake in the ¥30 billion (about $390 million) partnership, which could help lower procurement costs, while reducing the partners' dependency upon industry-leading Qualcomm. A DoCoMo spokesman acknowledged that the provider is exploring a variety of collaborations, but was quick to point out that nothing's been finalized. Samsung and Fujitsu, meanwhile, have yet to comment.

  • Sony, Toshiba and Hitachi confirm plans for government-backed LCD joint venture

    by 
    Donald Melanson
    Donald Melanson
    09.01.2011

    We had a pretty clear indication that some official word was coming soon, and Sony, Toshiba and Hitachi have now confirmed that they intend to pool their LCD manufacturing efforts and form a new joint venture (expected to be completed by the spring of 2012). That effort is getting a $2.6 billion shot in the arm courtesy of a Japanese government-backed investment fund, which itself will own 70 percent of the new company -- to be dubbed Japan Display -- while Sony, Toshiba and Hitachi will each get a 10 percent share.

  • Sony, Toshiba and Hitachi look to join LCD manufacturing forces

    by 
    Terrence O'Brien
    Terrence O'Brien
    08.30.2011

    There have been rumors circulating that Sony, Toshiba and Hitachi were going to combine their LCD making efforts. Now, according to Yomiuri Shimbun, that plan seems to be moving forward. The deal doesn't cover big-screen manufacturing, only small and medium sizes that find their way into phones and tablets. The joint venture will command roughly 20-percent of the market according to TechCrunch when it finally becomes official, with a hefty investment from the semi-public Innovation Network Corporation of Japan, which will own a significant stake in the new company. It may be another day or two before the deal is announced, but consider this a serious shot across their Korean competitors' bows.

  • Toshiba is dropping out of Fujitsu / Toshiba phones while Hitachi considers exiting the TV biz

    by 
    Richard Lawler
    Richard Lawler
    08.03.2011

    Fujitsu Toshiba Mobile Communications has only been in existence as Japan's number two mobile company (behind Sharp) for a short time, but it appears even a decent earnings report wasn't enough for Toshiba to stay in the business. While the joint venture prepares to release the au IS12T WP7 handset running Mango Fujitsu, Fujitsu is preparing to buy out Toshiba's 19.9 percent stake and take sole ownership in 2012. Toshiba may not be the only Japanese tech giant taking a step back, as Hitachi is considering following Pioneer and exiting the TV biz stage left. As price competition squeezes out all but the largest manufacturers and even Sony feels the pinch, Hitachi is considering outsourcing the brand to overseas manufacturers. Neither announcement should put brakes on hardware we've been anticipating, but that REGZA phone or Wooo television you just dropped a few yen on could become a vintage item very soon. [Thanks, Colin]

  • Facebook, Google rumored to be vying for Skype deal

    by 
    Amar Toor
    Amar Toor
    05.05.2011

    Like two knights jostling for the hand of a fair maiden, both Facebook and Google appear to be courting the graces of Skype. A source close to Facebook recently told Reuters that CEO Mark Zuckerberg is thinking about buying Skype outright, as part of a deal that could be worth $3 to $4 billion. A second source, meanwhile, claimed that both Facebook and Google are more interested in forming a joint venture with the teleconferencing company, which has yet to issue an IPO. With discussions still in a nascent stage, both suitors are playing their cards close to their chests, while Skype, rather coyly, has declined to comment on the speculation. At this point, details are still hazy and rumor-infused, though it's certainly not shocking to hear these kinds of murmurs buzzing around. Skype's been integrating Facebook more deeply into its software for a while now and has gradually branched out to Android, as well (albeit with mixed results). Both Facebook and Google would also stand to benefit from Skype's millions of users and all the targeted advertising potential they'd offer. Until we receive more substantiated reports, however, all discussions of possible unions remain restricted to the realm of conjecture.

  • T-Mobile and Orange get cozy, go shopping together

    by 
    Zachary Lutz
    Zachary Lutz
    04.22.2011

    Following a good lean in their office chairs, decision-makers from Deutsche Telekom and France Telecom have made good on their February announcement to explore network sharing strategies, revealing they will combine their purchasing in a 50 / 50 joint venture. Buyers from Bonn and Paris will now collaborate on the procurement of consumer devices, network equipment, service platforms and IT infrastructure, with the companies expecting to save €1.3 billion from their efforts. They foresee this coordination creating more effective relations with suppliers, and benefiting customers through harmonized technology across networks. While the deal still needs regulatory approval, this isn't the first time the operators have gotten friendly, having previously merged T-Mobile and Orange in the UK. There's nothing like cooperation to get an edge on the competition, right? Get the full PR after the break.

  • Nokia Siemens Networks looking for a date, despite some baggage

    by 
    Zachary Lutz
    Zachary Lutz
    04.20.2011

    Well it appears the big dreams of the Nokia / Siemens joint-venture have gone adrift. WSJ reports the parent companies are mulling options to sell a majority stake in Nokia Siemens Networks. While both Nokia and Siemens insist they're not actively seeking suitors, leadership suggests the deal could provide $2 billion to the equipment provider that's been losing money since its founding. NSN has experienced a rough patch lately, with the news of AT&T's buyout of T-Mobile hitting particularly hard -- especially since the partnership had banked on helping T-Mo expand its HPSA+ network. While the equipment provider remains optimistic of its $7 billion contract with LightSquared, things could get tricky if the LTE start-up opts to purchase capacity from existing carriers. Even though NSN doesn't appear desperate, perhaps there's $2 billion up for grabs in some boardroom somewhere. Any offers? Anyone? Bueller?

  • Apple's Joint Venture small business service plan launches quietly

    by 
    Steve Sande
    Steve Sande
    03.03.2011

    Apple's new service for small businesses moving to Mac, Joint Venture, appears to be off the ground. The service starts at US$499 for up to five systems, although complete pricing details are not immediately visible on the web page touting Joint Venture. So, what does Joint Venture provide for the small business that wants to buy Macs? Pretty much everything. To begin with, the Apple Store that you work with will set up all of the new Macs "usually within 24 hours." The setup includes moving data from an existing Mac or PC, and installation of any software that you purchase through Apple. Apple also sets up a unique Joint Venture page for your company, on which you can set up training for your employees, book appointments with a Genius or Business Specialist at the store, sign up for workshops or get tech support. The training consists of up to three two-hour sessions, held at the Apple Store, for your employees. The classes are rather general in nature, but according to the Joint Venture web page, the staff will work with businesses to customize the training. There are also Getting Started workshops held on a regular basis that are designed to bring new employees up to speed on using Apple products. As for tech support, Joint Venture gives business owners access to the Genius Bar via phone (or in-store visit). The service will even provide loaner machines while your computer is "in the shop." Like Apple's alliance with OnForce, the Joint Venture program has the potential to cut into the business of Apple Consultants Network (ACN) members. For many ACNs, the initial setup of Macs at a customer site is not only a way to gain revenue, but also provide training to new employees at a firm and integrate the new Macs into an overall system design. Troubleshooting and resolution of issues at a client's location is also the bread-and-butter of many ACN members, and now that service has the potential of being sidetracked by the Joint Venture program.

  • Apple to unveil JointVenture, a small business repair service

    by 
    Kelly Hodgkins
    Kelly Hodgkins
    02.28.2011

    We reported last week that Apple had scheduled a meeting for all its retail employees. The meeting was held this weekend, and the Cupertino company reportedly used this meeting to detail a new enterprise-oriented service called JointVenture. The program supposedly targets small businesses and lets them purchase a premium repair and training service for $500 per year. It sounds vaguely familiar to Apple's ProCare service. For this sum, customers will reportedly receive priority Genius bar service, which pushes them to the top of the service queue and provides them with a loaner unit if a repair is to take longer than 24 hours. JointVenture customers may also be able to access a Genius-manned telephone support service and a limited number of group training sessions per year. The new service is rumored to launch on March 2 in the US and March 3 in the U.K. Additional details may be unveiled at Apple's March 2 event slated to be held in the Yerba Buena Center located in San Francisco, California.

  • Lenovo and NEC partner up to become Japan's biggest PC vendor

    by 
    Vlad Savov
    Vlad Savov
    01.27.2011

    Lenovo's insatiable ambition for growth has taken another boost today with the news that China's best-known computer maker is partnering up with NEC for a "strategic alliance" in Japan, the world's third biggest PC market. Under the terms of the deal, a new NEC Lenovo Japan Group will be formed, wherein Lenovo will benefit from 51 percent of the shares and NEC will own 49 percent plus the choice of first CEO, for which it's selected its own Hideyo Takasu. Lenovo will also pad NEC's pockets with $175 million of change and contractual formalities are expected to be completed by the end of June this year. Sadly, specifics on how this will benefit consumers are light on the ground -- both companies will continue to sell products under their respective brands and there's only general talk of collaboration, economies of scale, harnessing operational synergies, and leveraging each company's strengths. At least you'll know your computer's been made in the spirit of fraternal cooperation. Full PR after the break.

  • Samsung and Seagate to jointly improve SSDs, give each other noogies behind the barn

    by 
    Darren Murph
    Darren Murph
    08.13.2010

    Seagate and Samsung -- not exactly rivals in every facet, but certainly not buddy-buddy in the storage realm. These two have been attempting to one-up each other for as long as platters have been stacked within 3.5-inch HDD enclosures (and before, probably), but they're putting their differences aside today and announcing a tag-team arrangement meant to jointly develop controller technology for enterprise SSDs. Under the newfangled agreement, the two mega-corps will work hand-in-hand and cross-license related controller technologies for solid state drive devices, with a goal to increase reliability and endurance for use in business environments. Curiously enough, the companies didn't hand out any press imagery nor any specific details about what future devices would be emerging from the partnership; and yeah, we're also wondering which logo is going to end up splashed across the packaging. While this may all seem distanced from you and your laptop at the moment, it's surely just a matter of time before enterprise demands become consumer demands. Right, fellas?

  • Intel and GE form healthcare joint venture, sluggish Atom-powered home servants on the way

    by 
    Darren Murph
    Darren Murph
    08.04.2010

    Okay, so maybe we're only half-kidding about the prospective of having home health robots that can barely multitask, but we're hoping that Intel and GE at least have the heart to equip any domicile servants with a Core i3 or stronger. If you haven't heard, the two aforesaid companies have joined hands this week to create a 50/50 joint venture, one that'll result in the creation of a new healthcare company "focused on telehealth and independent living." Financial terms aren't being disclosed, but the goal is pretty simple: "to use technology to bring more effective healthcare into millions of homes and to improve the lives of seniors and people with chronic conditions." It's a bit unclear at this point what all the duo will be creating, but we wouldn't be shocked to see medical tablets, Core i7 980X-based "medical monitoring PCs" and Moorestown-powered "I've fallen and I can't get up!" neck pieces surface in the near future.

  • Fujitsu, Toshiba lock up handset division merger

    by 
    Chris Ziegler
    Chris Ziegler
    06.17.2010

    The I's have been dotted, the T's have been crossed, and two of Japan's mobile giants -- Fujitsu and Toshiba -- have apparently brought their handset division merger talks to a fruitful conclusion. Fujitsu will take a majority stake in the joint venture, which should become Japan's number two domestic market phone supplier behind Sharp; together, they'll still have virtually no significance on the global stage, but this might be an interesting opportunity for phones like the TG01 and its successors to get a little more play around the world. For its part, Toshiba is looking at the deal to step back from an unprofitable business; margins on phones in the Japanese domestic market are razor-thin, and other players like Mitusbishi have already bowed out entirely. Best of luck, you lovebirds.

  • LG Display and iriver enter joint venture to make e-book readers pretty, affordable

    by 
    Thomas Ricker
    Thomas Ricker
    06.14.2010

    Well what do you know, turns out the LB4400 was a harbinger of things to come. LG Display and iriver just announced a $5M joint venture to manufacture e-book readers. The new China-based company, L&I Electronic Technology (Dongguan) Ltd, sees iriver doing the platform development and product design (thank gawd) while LG provides the EPD displays. It's interesting to note that the company will act as an OEM/ODM to anyone looking to slap their brand on an e-book reader... after iriver -- the company's first customer -- takes the pick of the litter.

  • Sony, Samsung meeting to discuss LCDs, 3DTV, World Cup wagers

    by 
    Richard Lawler
    Richard Lawler
    05.22.2010

    Looks like Sony and Samsung are looking to expand on their existing panel partnerships in the face of an expanding market for LCD HDTVs, with executives meeting Monday. Analysts are predicting an expansion of the S-LCD joint venture or Sony agreeing to buy panels and possibly processors from Samsung. Of course, Samsung is still considering the Google TV services just unveiled this week, while South Korean media apparently indicates cooperation on 3DTVs (seriously, lets get a standard on glasses already) is also on the list of topics. Either way, it will likely lead to cheaper HDTVs all around, and that's what we like to hear.

  • Orange and T-Mobile become Everything Everywhere (in the UK)

    by 
    Vlad Savov
    Vlad Savov
    05.11.2010

    We did ponder how you can rename the Orange and T-Mobile coalition (topical word, eh Britain?) without offending either party, and the strategy seems to have been to just go for a name so bombastic that it overshadows all other concerns. Say hello to Everything Everywhere. Such is the strident new moniker attached to the joint venture between the French and German telecoms, with the justification being that the resultant "super-network" will be the biggest in the UK and therefore capable of providing both universal coverage and limitless services. We'll see how that works out, but for now it's important to note that the high street brands won't be changing. T-Mobile and Orange will retain their separate identities (and eye-searing color schemes), while offering you all the synergistic benefits resulting from the scale of the new company. Full PR after the break.

  • Mobile DTV gains national mobile content service, broadcast group support

    by 
    Darren Murph
    Darren Murph
    04.14.2010

    If there's one thing a fledgling technology needs, it's good marketing. That aside, the next most vital thing is industry support. Today, an even dozen broadcast groups have banded together in order to back the soon-to-launch Mobile DTV format (ATSC-M/H), with Belo, Cox, E.W. Scripps, Fox, Gannett, Hearst, ION, Media General, Meredith, NBC, Post-Newsweek and Raycom forming a joint venture to develop a "new national mobile content service." The service will utilize the broadcast spectrum already set aside in order to allow member companies to "provide content to mobile devices, including live and on-demand video, local and national news from print and electronic sources, as well as sports and entertainment programming." That's pretty big news for a tech that's been struggling to gain acceptance in America, and if all goes to plan, Washington, DCers will get a chance to indulge first when it goes live in the nation's capitol on May 3rd. A showcase on that date will demonstration a Mobile DTV-capable Samsung Moment and Dell Mini 10 (amongst others), though we're still having a tough time digging up firm pricing for any of those. Get ready, folks -- Pimp My Ride is about to get a huge second wind.

  • Orange and T-Mobile UK merger approved by EU, forms 29.5 million customer juggernaut

    by 
    Vlad Savov
    Vlad Savov
    03.02.2010

    The European Commission has decided it doesn't mind the crass splicing of pink (okay, magenta) and orange, and has therefore provided its tastefully hued green light to the UK merger of the two mobile operators. Once the transaction is completed this Spring, we'll still be looking at two delineated entities on the consumer market, but there'll be one back office and one consolidated network servicing the two brands. That'll remain the case for at least the next 18 months, when the joint venture between Deutsche Telecom and France Telecom, the respective parent companies of T-Mobile and Orange, will likely complete the process by rebranding itself into one entity. The press announcement is littered with vague references to synergy leveraging and value generation, but those all-important questions as to what the new operator will eventually be called and what colors it will sport are left unanswered. All that really matters for now is that the UK has a new market share leader and the mobile space became that little bit less competitive. [Thanks, Mitchel]

  • Major media giants to form joint venture for digital future, says WSJ

    by 
    Ross Miller
    Ross Miller
    12.07.2009

    News Corp, Time Inc., Condé Nast Publications Inc., Hearst Corp., and Meredith Corp. If this Wall Street Journal report is to be believed here, these five major media firms are preparing to announce a new joint venture tomorrow to "prepare print publications for a new generation of electronic readers and other digital devices." Details are a bit sketchy here, and what makes it more interesting / confounding is that many of these companies already have or have showcased separate initiatives, such as Hearst's Skiff and tablet demos from both Time and Condé Nast. We'll be eager to find out if there are any devices the group rallies behind (or even produces itself), but one thing's for sure: good old Rupert Murdoch will have something fun to say on the matter.

  • Vodafone thinking long and hard about its Verizon stake

    by 
    Chris Ziegler
    Chris Ziegler
    09.17.2009

    Though Verizon Wireless and corporate half-parent Vodafone are finally getting close to achieving technological synergy now that both are moving to LTE for their next-gen networks -- and contrary to recent statements -- rhetoric is heating up that suggests the marriage may not last forever. Speaking at an investor's get-together this week, Voda CEO Vittorio Colao said that "the board continues to look at" the company's investment in the joint venture with Verizon -- which we take as executive-speak for "everything's for sale for the right price." The popular rumor is that Vodafone's bummed about Verizon's failure to pay dividends for the past four years, which effectively means that Big Red isn't actively contributing to the wireless giant's bottom line. Verizon's made no secret of the fact that it'd love to own the joint venture outright, so come on, guys... Verizon's got money, Voda's got the goods, let's sit down at that oaken conference table on the 45th floor and work this out.