samsung electronics-pref (SSNNF) Key Developments
Samsung Electronics Denies Networks Arm Sale
Nov 27 15
Samsung Electronics Co. Ltd. (KOSE:A005930) has denied the rumors that the company is planning to sell its telecoms network equipment business. "Some news media have contended that Samsung Electronics is considering to sell its network business, which manufactures mobile telecommunication systems," said Samsung, in a statement on November 25, 2015. "However, Samsung Electronics has no intention to pull out from its network business," the company said.
Samsung Electronics to Open Seoul R&D Centre in November
Nov 26 15
Samsung Electronics plans to inaugurate its first research and development centre in Seoul later November month of 2015. Dubbed 'Samsung Seoul R&D Campus', the facility will be able to accommodate around 7,000 workers. The first 5,000 employees will be relocated to the centre on 30 November, 2015.
Audi Signs Agreement with Samsung Electronics
Nov 23 15
Audi AG has signed a contract with Samsung Electronics. The agreement has been signed for Audi's Progressive SemiConductor Program (PSCP) to supply its cars with semiconductor memory. The collaboration will see Samsung's new memory products, including 20-nanometer LPDDR4 DRAM and 10-nanometer class eMMC 5.1, appear in Audi's future infotainment, dashboard and Advanced Driver Assistance systems.
UK High Court Rules Samsung and Huawei Infringe Unwired Planet LTE Patent
Nov 23 15
Unwired Planet Inc. announced the UK High Court issued its judgment that Samsung and Huawei infringe an LTE standards-essential patent (SEP) held by Unwired Planet. The judgment comes after a two-week trial held in October 2015. Mr. Justice Birss ruled that Unwired Planet’s patent EP (UK) 2 229 744 is valid and is infringed by wireless telecommunication networks which operate in accordance with the relevant LTE standard, and thus is essential to the LTE standard, known as 3GPP TS 36.322 release 8 version 8.8.0. As the prevailing party, Unwired Planet will be entitled to reimbursement of a substantial portion of its legal expenses incurred in litigating this part of the case. The amount of that reimbursement will be determined at a future hearing. As previously announced by Unwired Planet, this is the first of five UK patent infringement trials scheduled to continue into the summer of 2016. The next UK trial is scheduled to begin the week of November 30, 2015.
Netlist Inc. Enters into a Five Year Joint Development and License Agreement with Samsung Electronics Co., Ltd
Nov 19 15
Netlist Inc. announced that it has entered into a five year Joint Development and License Agreement with Samsung Electronics Co. Ltd., to produce a new class of NVDIMM-P (NV-P) memory solutions based on Samsung's NAND Flash and DRAM, and Netlist's pioneering work on HyperVault. The companies will work to create a standardized product interface to facilitate rapid market adoption and bring the compelling benefits of this new technology to a large group of customers in cloud computing, big data, and server and storage markets. Under the terms of the Agreement, which includes licensing of each company's respective patent portfolios, Netlist will receive $23 million, consisting of $8 million in cash from Samsung Electronics and $15 million in the form of investment from Samsung Venture Investment Corporation. The Agreement calls for additional exchange of consideration as progress is made toward market introduction of the product. The companies plan to sample NV-P products with select customers in 2016.