Toyota and NTT to promote "Smart City" concept in capital alliance March 24 9:49

It has become clear that Toyota and NTT have decided to take a capital alliance.

According to stakeholders, the two companies are making final adjustments in a bid to invest 200 billion yen in each other and hold shares, which will be announced on the 24th.

In the automotive industry and the telecommunications industry, Japan's leading companies have strengthened the relationship that can be said to be unusual. With the view of utilizing the next generation of 5G communication standards, the world's most advanced city development "Smart" The aim is to promote the concept of “city”.