Leading Linux phone partners form "Adcore-Tech"

Posted by grouch on Aug 1, 2006 6:14 AM EDT
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The mobile phone joint venture formed by NEC and Matsushita/Panasonic reportedly will include Texas Instruments (TI), and will be known as "Adcore-Tech Co. Ltd." TI will have a 12 percent share, and the venture will be capitalized at $103.8M, about 17 percent more than reported earlier, EE Times-Asia is reporting.

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