March 13, 2002 – Tokyo, Japan – Mitsubishi Electric Corp. and Toshiba Corp. have reached an agreement to collaborate in the development of 3G mobile phones.
Mitsubishi Electric and Toshiba will join forces to develop a new platform with the intention of putting their collaboration results to use in producing actual handsets in the near future.
Mitsubishi Electric and Toshiba will begin collaborating in April on the development of a platform for multimedia-enabled next-generation dual-mode (UMTS, W-CDMA/GSM, GPRS) phones, with the aim of rapidly bringing products to market.
Specific details regarding the joint development schedule, division of responsibilities, structure of the development team and other issues will be decided in forthcoming discussions between the companies.
With a view to expanding their mobile phone businesses, Toshiba and Mitsubishi Electric also plan to build on the achievements of the proposed joint development of the 3G mobile phone platform, using this collaboration as a springboard to forge ties on an even broader front that includes complementing each other’s technologies and establishing products for Europe, China, and other overseas markets, the companies said.