Will Nintendo make a smartphone?

[MDMAlliance]

Soundwave said:

SpokenTruth said:

Need to clarify this for you but Nintendo will not be developing smartphone games.  The deal is that they lend their IP to DeNA who will then develop smartphone games based on those IP.  Nintendo themselves are not making smartphone games now.

This isn't true either. 

Nintendo will co-develop the games. And DeNA is basically like a 2nd party for Nintendo now, they own 10% of DeNA. 

This is not just a run of the mill licensing deal. This is closer to a full blown merger. 

I thought that I read that Nintendo will mostly leave the developing up to DeNA, and Nintendo will manage it.  Then again, I didn't read the entire story.  Mostly summaries.