Business

NTT DOCOMO creates Chinese division

By Ben Hwang ⋅ July 16, 2008 ⋅  Email This Post ⋅  Print This Post ⋅ Post a comment

NTT DOCOMO (DCM: 15.89 -3.46%) is creating a subsidiary that will be based in Shanghai, China. The subsidiary will be called DOCOMO China Co., Ltd. and will be established to service corporate mobile solutions locally and has a $4 million USD starting capital.

What’s interesting about this news is that two-fold. One is that there are a lot of foreign businesses that are currently based in China. That in itself is not surprising considering that China has become the worldwide manufacturing giant. The other is that a Japanese corporation would be investing with current markets since everything in China currently is in vast flux as shown with Shanghai’s index. I believe that this is actually and interesting maneuver for more regional growth.

Tags: cellular, China, mobile, subsidiary