Ericsson and Sony formed a joint venture in 2000 when a fire destroyed Philips' chip production facility, creating a shortage for Ericsson. In 2012, Sony acquired Ericsson's share of the venture and renamed it Sony Mobile Communications, shifting its headquarters to Tokyo the following year. Joint ventures allow companies to share resources, expertise, and reduce costs while expanding into new markets. They are an effective strategy for growth, as demonstrated by the DoCoMo-Tata Teleservices partnership in India.

3.  Ericsson is the Swedish manufacturing company of
the telecommunications equipment while Sony is a
mobile phone manufacturing company.
 Ericsson used to get chips from Philips, but in March,
2000, a fire destroyed the production facility of
Philips. Facing an acute shortage of chips, Ericsson
was prompted to form a joint venture with Sony.
 On February 16, 2012, Sony acquired Ericsson’s share
in the venture and renamed the company as Sony
Mobile Communications. Sony Mobile shifted its
headquarters from Lund, Sweden to Tokyo, Japan on
January 7, 2013

5.  2008,Largest Japan Telecom co. with Tata
Tele Services(5th Tele India)
WHY??
Could put complementary capabilities since
are recognized.
1. DoCoMo could build on TTSL’s knowledge
of the local market and ownership of Telecom
licence.(federal gvt –Domestic co.)

6. 2.TTSL acces to DoCoMo’s core competency( 3
G Technology) was being rolled out in India.

7.  Joint ventures help reduce fixed costs, increase
productivity, and allow innovation by virtue of
the sharing of everyone’s expertise. A joint
venture invariably strengthens a business
alliance.
 According to Curtis E. Sahakian, ‘Joint ventures,
alliances, and other corporate partnering are
fueling the growth of the world’s most successful
companies. ‘¦ They are the quickest way to grow
your company, particularly in these times of
change