Τετάρτη 18 Ιουλίου 2012

Samsung buys chipmaker CSR's handset technology

"There is a big war going on between the giants of the semiconductor industry like Qualcomm (QCOM.O), Intel (INTC.O) and Samsung LSI to deliver the complete solution into smartphones," he said in an interview on Tuesday.

"Our team and technology - location and connectivity - is in its own right an extremely important part of that platform, but it is even more important if it completes your product offering and that is exactly what Samsung is doing."

Shares in the Cambridge-based group jumped 39 percent to a 12-month high of 302 pence, as analysts welcomed CSR's exit from the handset market.

"Disposing of the handset business where CSR has been struggling to remain competitive looks to be a good move," said Singer Capital Markets.

Samsung said the deal would add more capability to its platforms featuring the application processors that power the world's most popular smartphones and tablets - Apple's (AAPL.O) iPhone, iPad and its own Galaxy products.

[VIA]

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