A mobile phone subsidiary of Japan’s home electronics giant Matsushita said it has set up a joint venture with a US firm in China to develop 3G mobile networks. Capitalized at 10 million dollars, Universal Communications Technology Co. Ltd., located in the eastern Chinese city of Hangzhou, will also market the 3G networks in China.

Matsushita’s subsidiary Panasonic Mobile Communications Co. Ltd. will hold a 51 percent in the stake with US telecoms equipment maker UT Starcom Inc. taking the rest, Panasonic Mobile said in a statement. Continue >>

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Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.

Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!