Samsung buys British chip firm CSR for $310mln July 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. Partner news  Top stories Apple uses two conventional offshore tax practices typical of multinational companies' tax-avoidance strategies, the report said. Apple joined the Fair Labor Association in 2012 after being slammed with criticism over the working conditions at Foxconn. It’s not the first time Yahoo CEO Marissa Mayer has been interested in the New York-based hipster blogging service. The number of new smartphones delivered with Android jumped to 162.1 million in the first three months in 2013.   Partner news |  Latest news Libya's interior minister submits resignation, sources say  Awash with weapons in private hands, armed attacks have increased in the last few weeks, especially on police stations in Benghazi.Human Rights Watch: more Afghan women imprisoned for "moral crimes" Human Rights Watch says many are jailed for running away from home, often from forced marriages or domestic violence.Benedict Cumberbatch’s Julian Assange biopic to open in Oct The drama centers on the relationship between Assange and Domscheit-Berg, which became increasingly fraught as WikiLeaks' influence grew.Disney greenlights new "Star Wars" animated series "Star Wars Rebels" takes place between the events of "Episode III: Revenge of the Sith" and "Episode IV: A New Hope". |
