Japan’s Matsushita Electric (Panasonic) is said to be considering forming a joint venture in the mobile-phone sector with NEC Corp. A Matsushita spokesman contacted by Reuters apparently declined to comment further. This handset vendor consolidation story has been brewing for some time now. Based on the tone of local reports, we expect a formal announcement in the coming days.

The Nihon Keizai business daily reported the two companies will form a new venture in October to jointly develop mobile phone software. Via: Reuters

Related posts:

1. NEC, Panasonic and TI Form Handset JV
2. Sony, NTT DoCoMo to Form Joint Venture
3. TI, NEC and Panasonic Consider JV
4. NEC, Panasonic Form ESTEEMO
5. Sony and NTT DoCoMo Form Joint Venture Co. for FeliCa Business

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 been 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!