Joint Venture -- Engadget

joint venture posts

Vodafone thinking long and hard about its Verizon stake

by Chris Ziegler posted Sep 17th 2009 at 1:06PM

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.

NEC, Casio, and Hitachi forming mobile joint venture next year

by Chris Ziegler posted Sep 14th 2009 at 5:11AM

It took a little longer than anyone had thought, but that rumored three-way deal involving NEC, Casio, and Hitachi in Japan to create a superpower mobile joint venture is now official. Two of the three -- Casio and Hitachi -- have already had their mobile units united in holy matrimony since 2004, so NEC is the new kid on the block joining in the fun to help spread out R&D costs a bit further, achieve even more spectacular scales of economy on component orders, and pull sophomoric pranks on Fujitsu to score popularity points with the cool companies. The deal's expected to close in April of next year, at which point the combined venture will be the second-largest in Japan behind Sharp and the idea of NEC bringing devices to the States won't seem that far-fetched -- Casio Hitachi already does through Verizon, after all.

T-Mobile UK and Orange to merge, still clash

by Thomas Ricker posted Sep 8th 2009 at 2:36AM

Step aside O2 and Vodafone, there's a new sheriff in town. At least there will be if the announced 50:50 merger between T-Mobile UK and Orange can be signed into existence by November as planned. The new venture would give France Telecom and Deutsch Telekom units a 37% share of the UK mobile marketplace leaving O2 with 27% and the once mighty Vodafone with 25%. Let's hope that the corporate cultures mix better than orange and magenta.

[Thanks to everyone who sent this in]

NEC rumored to want in on Casio Hitachi joint venture

by Joseph L. Flatley posted Aug 28th 2009 at 1:03PM

The big rumor out of Japan today has NEC locked in heated negotiations with existing joint venture Casio Hitachi Mobile Communications to add itself into the mix -- a JV that's currently a 51 / 49 percent ownership split between Casio and Hitachi, respectively -- with NEC wanting to pick up a total of 50 percent of the combined operation. Japan's one of the more competitive, low-margin mobile markets in the world (just ask Mitsubishi) so it makes sense that a lot of these guys would be looking to consolidate and work on their sourcing scales of economy; if it happens, the rumor has the deal targeted for an April 2010 close that would make the combined operation the second-largest in the market at 20 percent share behind Sharp at 23 percent. Does this mean they'll be more friendly toward the crazy idea of wide-scale North American launches, by chance? Please?

[Via MobileCrunch]

Hilco / Gordon Brothers acquires Polaroid brand, assets and dignity

by Darren Murph posted Apr 17th 2009 at 8:41AM

After filing for Chapter 11 bankruptcy (again) in December of last year, Polaroid may have just made its last shakeable memory. Today, the Federal Bankruptcy court for the district of Minnesota has approved a motion for "substantially all the assets of Polaroid, including the Polaroid brand, intellectual property, inventory and other assets," to be acquired by Hilco Consumer Capital and Gordon Brothers Brands. If those names sound familiar, have a cookie on us. You see, this very same joint venture picked up The Sharper Image around this time last year, and while it's still unclear what these suits plan to do with the 72 year-old name, we are told that it doesn't plan on shelving it anytime soon. In fact, it's hoping to "partner with a number of global institutions in the ongoing development of the Polaroid brand." Personally, we would've used "revival" rather than "development," but we'll refrain from bursting any bubbles here.

Toshiba to buy Panasonic's shares in LCD joint venture

by Darren Murph posted Apr 1st 2009 at 6:34PM

Around seven years after it was originally established, Toshiba has decided it best to stop waiting for Panasonic's input on decisions regarding Toshiba Matsushita Display Technology Company. If all goes to plan, Toshiba -- which currently owns a 60 percent stake in the joint venture -- will buy out Panasonic's 40 percent stake on April 28th. For those unaware, the venture was responsible for developing, manufacturing and selling LCDs and OLEDs, most of which were classified as "small to medium-sized." After the share transfer is finalized, TMD will change its name to Toshiba Mobile Display Company, and according to the jointly-issued release, it'll allow Tosh to "further accelerate decision-making and promote comprehensive restructuring of TMD's business." The consumer takeaway here? "Looking to the future, TMD aims to establish OLEDs as an engine for growth and to enhance its display business in the medium- to long-term." Boom.

[Via Wall Street Journal]

Sharp Display Products emerges from Sharp / Sony joint venture

by Darren Murph posted Mar 24th 2009 at 4:09PM

It's been just over a year since we first heard that your next Sony LCD TV may actually be a Sharp, and while the joint venture has been flipped on and off again during the past 13 months, it seems that the stars are finally aligning in order to make this thing happen. Sharp is preparing a unit that will be launched on April 1st in order to act as "a base to be transformed into the joint venture." The unit will be christened Sharp Display Products Corporation, with Sharp owning 66 percent (and thus, the namesake) and Sony taking the remaining 34 percent. The two currently plan to start up production of LCD panels by March of 2010, which gives Sharp a solid dozen months to construct the facility in Sakai, Japan. Better hurry, folks -- it's not like OLED is breathing down your neck or anything.

Ericsson reaffirms commitment to Sony Ericsson joint venture

by Darren Murph posted Mar 23rd 2009 at 2:09PM

Given the current state of Sony Ericsson, we completely understand the re-heating of rumors regarding a nasty breakup. That said, a new report from Dow Jones confirms that Ericsson (at least) has "has no plans to abandon its joint venture Sony Ericsson," with spokesperson Minako Nakatsuma Olofzon stating that "[Ericsson is] committed to the joint venture; it hasn't changed its view on that." Of course, the report makes no mention of Sony's take on all of this, but at least one half of the equation is still in it for the long haul. Publicly, anyway.

[Via mocoNews]

Sharp and Sony delay LCD joint venture, not that it matters

by Thomas Ricker posted Jan 29th 2009 at 6:06AM

The global economic downturn and rising Yen have claimed another victim: the LCD partnership between Sony and Sharp. The joint venture to make and sell large LCD panels has now been pushed to March 2010 -- the same date that Sharp's new LCD factory in Sakai is still scheduled to open. So one way or another you'll be able to snag the next generation Sharp- or Sony-branded LCD television assuming, a) the companies survive, and b) you still have a job. What, too pessimistic?

General Electric partners with Tatung for "premium" GE-branded HDTVs

by Darren Murph posted Sep 23rd 2008 at 12:19AM

Who says there are too many players in the HDTV realm? With current mainstays partnering up like it's going out of style, we've found two firms that see something no one else does. General Electric has just announced a joint venture with Taiwan-based Tatung in which the pair plans on making two million HDTVs annually when production gets going in 2009. The two hope to capture at least 5% to 10% of the global TV market in due time, and according to Peter Weedfald, president of North America and global chief marketing officer for the JV, the resulting product will be a "premium brand" that will be "very competitive with current leadership brands." We'll be interested to see what all becomes of this, and hopefully we'll have some prototypes to gawk at come CES / IFA / CEDIA 2009.

[Image courtesy of VintageTVSets]

Toshiba and Matsushita to jointly manufacture small OEL displays

by Darren Murph posted Jul 21st 2008 at 10:45AM

The world already knew of Toshiba and Matsushita's separate plans to barrel into the OLED realm, but Toshiba Matsushita Display Technology is all set to become the first in Japan to "mass produce organic electroluminescent, or OEL, display panels." Reportedly, the two outfits will establish manufacturing lines in the Ishikawa Prefecture in fall of 2009, with plans to churn out one million 2.5-inch EL displays. Granted, the products will be rather minuscule in nature, with the idea being to fit them into cellphones, PMPs and other handheld gadgetry. Better hurry -- Samsung's pulling away over in South Korea.

[Via CNET]

Sprint and Clearwire edge closer to deal, world waits with bated breath

by Darren Murph posted Feb 19th 2008 at 1:53AM

It seems that Sprint and Clearwire have been hooking up and breaking it off for nearly as long as Qualcomm and Nokia have been brawling, but just weeks after hearing that the two were on speaking terms once again, we're now learning that a deal may be closer than ever. Reportedly, both firms are "close to announcing the formation of a WiMAX joint venture funded in part by a $2 billion injection from Intel," and if the agreement is indeed landed within the next few days, it would "create a new company that combines Sprint's licenses in the 2.5GHz wireless spectrum and Clearwire's spectrum in the same and adjoining air waves." On paper, the deal seems to make sense for all parties involved, but at this point, we aren't about to assume that's enough to actually see this thing through.

Sony, NXP get official with Moversa joint venture

by Darren Murph posted Nov 14th 2007 at 3:49PM

Chances are, you had forgotten all about Sony and NXP's little initiative to cooperate on a NFC (near-field communications) standard, but the two seem to have finally worked out all the kinks and are ready to move forward. The joint venture, dubbed Moversa, will seek to "drive global adoption of contactless smart card applications in mobile phones," and it's already planning to develop, produce and market a Universal Secure Access Module (U-SAM) that "incorporates both MIFARE and FeliCa operating systems and applications." Essentially, the duo is hoping to accelerate the adoption of integrated contactless support, which would enable users to make payments (among other things) easily via their handset. If you're curious about availability, we're hearing that samples should be shipped out in mid-2008, but commercial deployments aren't scheduled to happen until the end of next year.

[Via Yahoo / Reuters]

IBM and MediaTek team up on uber-fast chipsets for HD streaming

by Darren Murph posted Oct 22nd 2007 at 3:58PM

IBM ain't the first big fish to dabble in the wireless HD chipset realm, and while we'd heard that the outfit was looking into the matter a year ago, things are seemingly now moving forward. Big Blue has joined hands with MediaTek in a "joint initiative to develop ultra fast chipsets that can wirelessly transmit a full-length high definition movie to and from a home PC, handheld device, retail kiosk or television set nearly as fast as a viewer can push their remote control." Apparently, the happy couple will both utilize their knowledge of millimeter wave (mmWave) radio technology in order to construct chipsets that allow end users to fling a 10GB file to its destination in just "five seconds" -- all without wires, of course. Visions of uncompressed HD streaming, syncing entire music libraries in seconds and giant bonfires fueled entirely by cabling (we kid, we kid) immediately come to mind.

[Via Slashdot]

Sony and Qimonda form joint venture to design DRAM chips

by Darren Murph posted Oct 2nd 2007 at 11:58PM

Barely a fortnight after Sony disclaimed reports that it was pondering the sale of its PS3 chip production facilities, the firm has decided to partner up with Qimonda in a 50-50 venture "to design DRAM chips for consumer and graphics applications." The new entity will be dubbed Qreatic Design, will be based in Tokyo and is scheduled to start operating by the end of 2007. Of note, financial terms of the deal weren't released, but Qimonda's chief executive did state that the agreement would "support its future product design and solutions development and would further pave the way for product diversification in non-PC applications." [Warning: read link requires subscription]