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Samsung reaches deal to acquire part of CSR
Under the terms of the agreement, Samsung will gain full access to CSR's mobile connectivity and location technology and transfer certain relevant patents, as well as employ over 300 CSR employees in the selected field for the cash consideration of US$310 million. In addition, Samsung will receive perpetual rights to CSR's IP related to connectivity and location technology such as Bluetooth, Wi-Fi and GPS reinforcing Samsung's leadership in mobile component solutions.
IN THE NEWS
Friday 27 July 2012
Samsung regains smartphone leadership, IHS says
Six months after losing the top position in the smartphone market to Apple, Samsung Electronics in the second quarter regained leadership as its sales rose 5% to 36 million units,...
Thursday 26 July 2012
Samsung-CSR deal poses threat to Broadcom, says IMS Research
Samsung's acquisition of part of CSR has established it as a new player in the connectivity market, specifically in the key battleground of the smartphone. Whilst Broadcom has been...
Wednesday 18 July 2012
CSR to sell mobile technology to Samsung for US$310 million
CSR announced on July 17 that it has entered into a conditional binding agreement with Samsung Electronics for the transfer of CSR's development operations in handset connectivity...
Wednesday 16 May 2012
Digitimes Research: Embedded and standalone integration in NFC IC development
NXP led the 2011 market for near-field communication (NFC) phone chips with a 52% share, followed by Inside Secure with 44%. The pair took a combined 96% share of the market, leaving...