DoCoMo looking to grow smartphone business to JPY1 trillion by fiscal 2015

25 Jun 2012

The new president of Japanese cellular operator NTT DoCoMo has said that the company is looking to increase sales from smartphone-related business by a factor of 2.5 by March 2016. Kaoru Kato said that DoCoMo expects to generate JPY1 trillion (USD12.4 billion) from smartphone-related business in its 2015 fiscal year, up from around JPY400 billion at present, Japan Times reports. The firm is thought to be looking at developing cloud-based services and will be targeting vertical markets including health care, ecology, food, finance and online shopping for smartphone users. Kato also indicated that DoCoMo is open to partnerships with third-party developers: ‘For greater speed, the company will develop content with outside help,’ he said.