Casio Hitachi Mobile Communications to Merge with NEC’s Mobile Terminal Unit

NEC Corporation, Casio Computer Co., Ltd. and Hitachi, Ltd. today announced an agreement to integrate their mobile terminal businesses in April 2010 through the establishment of a joint venture company named NEC Casio Mobile Communications. Shares will be: NEC: 66%, Casio: 17.34%, Hitachi: 16.66%. 1. About the Business Integration NEC develops and manufactures mobile terminals for NTT DOCOMO, INC. and SoftBank Mobile Corp. that capitalize on the company’s core competencies and incorporate ... Read More