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Article: Casio Hitachi Mobile Communications to Merge with NEC's Mobile Terminal Unit.
- Article from:
- Telecommunications Weekly
- Article date:
- September 30, 2009
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NEC Corporation (NEC; TSE: 6701), Casio Computer Co., Ltd.
(Casio; TSE: 6952), and Hitachi, Ltd. (Hitachi; TSE: 6501/NYSE: HIT) announced an agreement to integrate their mobile terminal businesses in April 2010 through the establishment of a joint venture company.
1. About the Business Integration
NEC develops and manufactures mobile terminals for NTT DOCOMO, INC. and SoftBank Mobile Corp. that capitalize on the company's core competencies and incorporate wireless communications technologies such as W-CDMA (*1) and LTE (*2), Linux (*3) platform development, low power consumption innovations and ultra-thin technologies.
In 2004, Casio ...