The merging of the mobile phone market with the Internet, along with the achievement of larger-capacity and higher-speed networks, has enabled the introduction of a wide variety of new media and new technologies such as music, video and broadcasting, creating many new business opportunities in the emerging mobile multimedia market. The mobile handset, as the primary means of accessing the Internet in this market, is now becoming a highly advanced device adopting many new features and technologies.
With this background in mind, Matsushita and NEC have agreed to join forces to spur the creation of an innovative mobile Internet market, to accelerate the expansion of 3G businesses around the world through more efficient use of development resources and faster development time, and to introduce reliable and high quality handsets backed by the combined know-how and expertise of both companies.
