DoCoMo to buy stake in fuel cell company

by alaaron | September 13, 2006 at 09:30 am
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Japan's largest mobile phone company plans to buy a large stake in a fuel cell maker to develop handsets with longer-lasting hydrogen-powered batteries that are friendly to the environment.

Tokyo-based NTT DoCoMo Inc. said it will buy a 36.5 percent stake in Aquafairy Co. through newly issued shares. Both companies are already developing a micro fuel cell recharger for DoCoMo's latest 3G FOMA handsets based on Aquafairy's hydrogen fuel cell technology. This week's announcement is likely to deepen their collaboration.

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