10 Hot Happenings In The Semiconductor Market This Summer

Email this CRN article

Samsung Grows Its Mobile Chip Business

Samsung already produces chips that power mobile devices including the iPhone and its own Galaxy S line of smartphones (left). But, the Korean tech giant is gearing up to grow its portfolio later this year by acquiring the mobile phone division of U.K.-based chip-maker Cambridge Silicon Radio (CSR).

The deal, which was announced in July and is valued at $310 million, will grant Samsung full ownership over all of CSR’s operations, employees and intellectual property related to its mobile connectivity and location unit. A total of 21 patents, including those for Bluetooth, Wi-Fi and mobile GPS technologies, will be transferred over to Samsung.

In addition to its purchase of CSR's mobile division, Samsung is also paying $34 million for a 4.9 percent stake in CSR.

Email this CRN article

Get a roundup of CRN's components and peripherals coverage right to your inbox with the Custom Systems newsletter.