Another player has entered the thriving market of semiconductor chips with built-in modems, people. A newly formed joint venture, which includes Fujitsu, NTT DOCOMO, NEC, and Fujitsu Semiconductor, called Access Network Technology Limited aims at capturing a piece of the lucrative pie.
Fujitsu will own 52.8% of the newly minted company, with NTT Docomo, NEC and Fujitsu Semiconductor owning 19.9, 17.8, and 9.5% respectively. Access Network Technology Limited’s goal is to capture 7% of global market for smartphone chips by 2014.
While the new company’s target might seem a bit too ambitious at a first glance, given the players involved and its primary market, we wouldn’t be surprised if it makes it. What do you think?
Source | Via