Sony and NTT DoCoMo Form Joint Venture Co. for FeliCa Business
Sony Corporation and NTT DoCoMo, Inc. have agreed to form a Joint Venture Company to develop new services based on mobile phones equipped with Sony’s contactless IC Card technology FeliCa(R). The Joint Venture is targeted for establishment in January 2004. Discussions between Sony and DoCoMo will continue to finalize the details of this company which will be named: FeliCa Networks, Inc.

We’ve told you before that the celly is morphing into an e-wallet, and it looks as though it’s going to happen in 2003. bitWallet is a joint venture between Sony, NTT DoCoMo, and a bevy of banks and other interested players all salivating over potential profits. Although there are no details yet on what an e-wallet-enabled keitai will ultimately look like, today’s program shows how contactless smart cards are being used in Japan. Features an in-depth interview with sr. bitWallet staff; if you want a glimpse of the future – don’t miss this one.