The Nikkei business daily reported on Wednesday that Japan's NTT DoCoMo Inc and South Korean partner KTF Co are jointly developing a smartphone using Google software to be launched next year.

South Korea's leading mobile carrier loses profits in second quarter SEOUL, July 24 (Xinhua) -- South Korea's leading mobile carrier SK Telecom Co. said Thursday its earnings in the second quarter fell 26 percent from a year earlier.

NTT Docomo and South Korea-based mobile communications service provider KT Freetel have announced that they will jointly procure a 3G handset model from LG Electronics. Both the companies have selected LG's WINE model handset.

Apple is in talks with Japanese telecommunications operators NTT DoCoMo and Softbank to launch the iPhone in Japan, the Wall Street Journal has reported.

Melodeo, Inc., a leader in delivering music and other media via mobile phones and the web, today announced it closed a new preferred funding round of $7.9 million. Ignition Partners and Voyager Capital led the round.