• Kyodo

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Toshiba Corp. said Tuesday it will launch a consortium with some 100 companies in Japan to develop new services using connected devices and ultrafast next-generation networks.

“We need to create a world where not just one particular company holds on to data but (several companies) collaborate,” Toshiba Corporate Vice President Taro Shimada told a news conference in Tokyo, calling for collaboration on “internet of things” technologies.

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