Seiko Epson in collaboration with Murata Manufacturing will be developing a non-contact charging technology and making Li-ion batteries suitable for quick recharging. The non-contact charging system slated for joint development leverages electromagnetic induction. The charger stand and the mobile device are respectively equipped with coils that generate power by electromagnetic induction. The goal is to recharge a mobile phone in about 10-15 minutes in a non-contact manner. For this purpose, the system will be designed to supply a large current of more than 3 A at a time of recharging, said the companies.

Targeting use in mobile phones, etc., they aim to ship samples in 2008 and start mass production in 2009-2010.
Source