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Sony, NTT DoCoMo to establish joint venture company

Posted: 02 Dec 2003 ?? ?Print Version ?Bookmark and Share

Keywords:sony? felica networks? ntt docomo? mobile phone? telecommunications?

Sony Corp. has decided to separate and transfer the operations of its Network Application & Contents Service Sector F Project, to a newly established company - FeliCa Networks Inc, effective January 7, 2004. As a result, FeliCa Networks will become a joint venture company of Sony and NTT DoCoMo Inc. in late January 2004, through the issuance of new shares.

This new company will develop the technology for a new IC chip, tentatively named "mobile FeliCa IC," that will integrate mobile phones with the FeliCa technology. This new company will then implement production and sales licensing agreements with chip manufacturers, and work to create a platform whereby content providers can offer mobile services that feature both flexibility and security. The mobile FeliCa IC and service platform will be developed in an open environment and provided to a wide range of mobile telecommunications operators and content providers.

Through the operations of this new company, Sony aims to strengthen the market and also create new technological opportunities within the mobile phone sector. At the same time, they will promote the FeliCa technology service platform.





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