Sulake Corporation, which operates the leading online teen community Habbo, has started a new strategic cooperation in Japan. Movida Group, a joint venture by SoftBank BB Corp. and Asian Groove, has agreed to invest 6 million Euros of equity into Sulake Corporation. The investment is executed through Movida Investment International (WWJ has a video interview with Habbo Hotel for mobile from the Tokyo Game Show, fall 2004).
Shares of Softbank Corp., the company that bought Vodafone Group Plc’s Japanese mobile phone unit, had their biggest drop in a month after Merrill Lynch & Co. told investors to sell the stock and forecast a loss this fiscal year. Softbank, the worst performer this year on the Nikkei 225 Stock Average, slid as much as 7 percent in Tokyo. Merrill analyst Yasumasa Goda said in a note today the company will have a 7.1 billion yen ($62 million) net loss, compared with a forecast for a 30 billion yen profit by Toyo Keizai, a financial information publisher.
DoCoMo has just announced that starting today it will accept proposals from suppliers for development of equipment for Super 3G base stations and handsets. DoCoMo will select one or more suppliers for each of these categories around October and aims to complete the technology with the selected suppliers before the end of 2009. The Super 3G standard is expected to provide superfast downlink data rates of over 100Mbps and uplink data rates of over 50Mbps, low-latency data transmission, and improved spectrum efficiency.
Willcom, Microsoft and Sharp have introduced their next generation smartphone. The Zero3 [es] is powered by Intel’s PXA270 CPU at 416MHz, with 128MB of flash memory and 64MB of SDRAM. In addition to the Windows Mobile 5.0 (Japanese) operating system, the phone also comes with the Opera mobile browser and Flash pre-installed. It has a 1.3-megapixel camera, miniSD removable memory, a USB 2.0 port and QR code reader. According to the press release, they are working on seperate W-Fi, Bluetooth and 1Seg TV tuner cards to be released at a later date.
NTT DoCoMo and Rakuten Inc., the operator of Japan’s leading online shopping mall, will develop a mobile phone Internet auction system and begin operating it from autumn, company officials said. The system will allow customers to use cameras on their mobile phones to take photos of goods and put them up for auction. Users can also use the “Osaifu Keitai” (wallet phone) system to make payment for goods they buy. DoCoMo holds about a 40 percent stake in Rakuten Auction.
Japan Telecom and Vodafone K.K. just announced they have formed a new Mobile Business Division aligned with Vodafone K.K.’s Corporate Sales to jointly conduct business activities. The move stems from an organizational change made on 1 July 2006 to align with Vodafone K.K. Corporate Sales to strengthen mobile solutions and realize FMC. Previously Japan Teleco focused mainly on ICT solutions for business customers. However, in order to maximize business synergies with Vodafone K.K., which recently was recently aquired by SoftBank Group, the main functions of Vodafone K.K.’s Corporate Sales division have been aligned with Japan Telecom’s.
