// IP Marketing video - START// IP Marketing video - END

Samsung buys British chip firm CSR for $310mln

Samsung buys British chip firm CSR for $310mln

PanARMENIAN.Net - British chip firm CSR has sold its mobile phone connectivity and location technology to Samsung for $310 million in cash in a deal that boosts the South Korean company's patent portfolio, Reuters reported.

Samsung will also invest $34.4 million in buying a 4.9 percent stake in CSR at a price of 223 pence a share, CSR said in a statement on Tuesday, July 17.

CSR said the deal would enable it to focus on developing and selling chips in voice and music, automotive, indoor location, imagining and bluetooth.

 Top stories
The surf instructor bought the phone just one week ago and says he hasn't dropped it or used a foreign charger.
Apple is suing a company for trademark infringement, alleging that the firm has been passing off counterfeit Apple chargers as the real thing.
Valley VC Learn Capital led the round, joining a number of other unnamed private investors who have already backed SoloLearn.
The new shift and deadline come after months of strategy disagreements, leadership flux and supply chain challenges inside Apple’s car labs.
Partner news