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.

Partner news
 Top stories
The validity period of BIT service is 30 days; the service cost is AMD 2500, with the maximum Internet speed of 384 kbps.
The next generation iPad will keep its 2048 x 1536 Retina display by using a thinner 0.2mm piece of glass.
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.
Partner news
Employers and job seekers: how to find each other

Arpine Grigoryan։ each job seeker should understand why to apply for this “x” job in this “x” company but not for “y” job in “y” company.