Mitsubishi
Mitsubishi

Mitsubishi Exits Mobile Handset Business

The official announcement from Mitsubishi Electric indicating they will exit the mobile handset business just hit the newswire. Noting fierce competition and downtrending market share they are the second Japanese ODM to terminate their manufacturing operations this fiscal year. According to their statement, the company estimates 2.1 million units sold over the year for approx. $1 billion and plans to “maintain and further strengthen the partnership with NTT DoCoMo through the communication related business”, essentially so-called ‘hard iron’ base station network segment.

New JV Announced for WiMax Spectrum

Fresh off the wires from JCN; KDDI, Intel, JR, Kyocera, Daiwa, and the Bank of Tokyo-Mitsubishi have agreed to a new form joint venture, named Wireless Broadband Planning K.K. (WBPK), in order to bid on the 2.5GHz frequency band for Mobile Broadband Wireless Access System. Subsequent to obtaining a license, it will develop and operate a wireless network based on mobile WiMAX technology.

DoCoMo Bringing Chocolate to Japan

DoCoMo introduced their 704i-series of eight 3G FOMA handsets, as mentioned yesterday, featuring a range of models from Fujitsu, NEC, Panasonic, Sharp, Sony Ericsson, Mitsubishi and the LG Chocolate design. The F704i, SO704i, N704iμ and P704iμ will be available this month while the D704i and SH704i will go on sale by the end of August. The P704i will be launched by the end of September and we’ll have to wait for that LG sweetness until sometime in October. Specs and images after the jump.

Gemini Mobile Announces New Investors

Gemini Mobile has raised an additional financing round of $5 million from Japan’s ACCESS, Aplix Corp. and Nomura Securities. Previous investor, Mitsubishi-UFJ Capital, also invested in this latest round. The new funding follows the recent $20 million round from Goldman Sachs announced in March. The new financing will be used for general business purposes including continued momentum of Gemini’s international expansion efforts.

New Mobile Net Bank Announced

KDDI and Mitsubishi-Tokyo-UFJ Bank have jointly established the Mobile Net Bank Development Corp. in preparation for the two companies to launch their mobile ‘New Bank’. The entity has since been formalizing the business plan, finalizing products and services, and building the required core systems for the New Bank. Subject to approval from the appropriate authorities, KDDI, Mitsubishi-Tokyo-UFJ, and Mobile Net Bank have now agreed on the line-up of products and services and the commercial time frame for launch, which is scheduled to open midway through this financial year.

DoCoMo Announces New 3G Platform JV

NTT DoCoMo, Renesas, Fujitsu, Mitsubishi, Sharp and Sony Ericsson have announced that they plan to jointly develop a next-generation mobile phone platform with completion targeted for mid-2008. Renesas plans to provide the platform to the global W-CDMA market, in addition to customers in Japan, aiming to further reduce costs. The six companies have agreed to the joint development project in an effort to provide advanced functionality – with a common base – for 3G handsets worldwide.

DoCoMo 703i-Series Roll-Out

Several more of Docomo’s latest 3G models, as announced in January, are rolling-out here this weekend. While the N703i by NEC was available last week, the Panasonic, Mitsubishi and waterproof! Fujitsu 703i’s hit the store shelves on Feb. 2nd. We have noticed an unusually aggressive amount of advertising – both outdoor and on TV – for these new models, so the TCA results in early March should be rather interesting.

Radio Waves Declared Safe

Japan’s mobile phone operators, NTT DoCoMo, Inc., KDDI Corporation and SoftBank Mobile Corporation have confirmed that radio frequency energy from mobile phone base stations does not cause damage to human cells in vitro studies. Since November 2002, the companies have been collaborating to examine the effects of radio waves. As part of the collaboration, large-scale experiments have been conducted on the cellular and genetic level using radio waves up to 10 times stronger than the limit set forth in radio frequency radiation protection guidelines for base stations. In an interim report on April 26, 2005, the companies announced they had found no effects on cell proliferation, gene expression profile, or DNA single-strand breaks. Now they have found there are no genetic alterations or protein functions that could be associated with cell transformation or programmed cell death (apoptosis).

Mitsubishi Announces Developer Contest

DoCoMo’s recent introduction of new handsets included the D800iDS from Mitsubishi with an innovative dual touchscreen design. The handset manufacturer has just announced a competition for developers to create new applications for the device with prizes of LCD TVs and DVD recorders on offer. Mitsubishi will provide 30 selected entrants with a software simulator for the D800iDS until its launch and a loan handset once it goes on sale in February.