| Mitsubishi
Electric is joining forces with Toshiba Corporation to develop
new kinds of third-generation (3G) mobile telephones. Both
companies are global leaders in mobile telephony. And both
accompany their business in telecommunications with extensive
operations in semiconductors, home appliances, heavy electrical
equipment and other products. But collaboration is the name
of the game today in information technology. Mitsubishi
Electric and Toshiba have a lot to gain from joining hands.
The core benefit of the companies' collaboration
is the opportunity to establish a global standard in technological
platforms for mobile telephones. Contemporary markets for
high-technology products bestow immense rewards on the winners
in the race for critical mass. The products that gain the
most momentum early in the race attract support from a broadening
periphery of developers and vendors. That is why Mitsubishi
Electric and Toshiba are moving now to establish a compelling
standard in mobile telecommunications.
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