Samsung buys British chip firm CSR for $310mlnJuly 17, 2012 - 11:43 AMT 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 Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |