MATSUSHITA ELECTRONIC PRESIDENT MAKES ANNOUNCEMENT IN TOKYO.
Matsushita Electronic Industrial Co Ltd President Kunio Nakamura speaks to
reporters as NEC Corporation President Koji Nishigaki listens during a joint
news conference in Tokyo August 21, 2001 to announce that they will tie up
on third-generation (3G) mobile phone technology and supply products under
each other's brand names. Japan's top two mobile phone makers put rivalry
aside and said the alliance was "aimed at strengthening a global business
expansion of their technologies and products.