Samsung to Use AMD's Graphics Chip Technology in Smartphones
- AMD will license the technology to the Korean firm for mobile
- The deal takes AMD into a new market and could boost Samsung
A Samsung Galaxy S10+ smartphone with 5G connectivity.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Advanced Micro Devices Inc. will license its graphics designs to Samsung Electronics Co. for use in smartphones and tablets, taking its technology into a new market and helping differentiate products from the world’s biggest smartphone maker.
The agreement, which is limited to mobile devices where AMD hasn’t supplied chips, will be worth hundreds of millions of dollars in licensing revenue to the U.S. chipmaker. Samsung gets access to the designs of one of the top two makers of graphics chips used in PCs, technology that could elevate the performance of its devices. AMD shares jumped 7.5% to $29.47 in New York Monday while Samsung gained 3% in Seoul.