InterDigital To Renew Patent License Agreement With Samsung
(RTTNews) - InterDigital, Inc. (IDCC), a mobile and video technology research and development company, announced Tuesday that it has agreed to renew its patent license agreement with Samsung Electronics (SMSN.L, SSNNF.OB, SSNLF.OB).
The parties will enter into binding arbitration to determine the final terms, including the amount payable by Samsung under the new agreement.
Samsung's previous license to InterDigital's portfolio of cellular wireless and video technologies expired on December 31 2022. The new license will be effective from January 1 2023.
read more
Samsung Starts Mass Production Of Most Powerful SSD For AI PCs
Samsung Electronics Co. announced that it has begun mass production of a new solid-state drive or SSD that stores and transfers data for artificial intelligence personal computers. The South Korean advanced memory tech major has initiated mass producing PM9E1, a PCle 5.0 SSD with the industry's highest performance and largest capacity. According to the firm, the SSD has significantly...
RTTNews
|
50 ngày trước
GM To Build New $3.5 Bln EV Battery Plant With Samsung SDI
Auto major General Motors has signed a deal with South Korean EV battery maker Samsung SDI to establish a joint venture to build a $3.5 billion plant to supply electric vehicle or EV batteries in the United States. The new battery cell manufacturing plant with an annual production capacity of 27GWh initially, is targeting mass production in 2027.
RTTNews
|
87 ngày trước
Samsung Recalls 1.1 Mln Electric Ranges For Fire Risk
South Korean consumer electronics major Samsung Electronics Co Ltd. is recalling about 1.12 million units of Slide-in Electric Ranges after reports of around 250 fires, some of which caused injuries, extensive property damage and pet deaths, the U.S. Consumer Product Safety Commission said.
RTTNews
|
106 ngày trước
Samsung Union Workers On Indefinite Strike
Samsung Electronics Co.'s workers union have extended their three-day general strike indefinitely over pay and benefits after the South Korean tech giant's executives failed to show any intention to hold fresh talks, reports said. The National Samsung Electronics Union or NSEU, with about 30,000 members, had begun their strike on Monday seeking better wage options and bonuses...
RTTNews
|
136 ngày trước
Samsung Electronics Union Plans First-ever Strike
Samsung Electronics Co.'s workers union announced its plan to organize the first-ever strike in the South Korean tech major's history, seeking better wage options after negotiations with the management failed. The National Samsung Electronics Union or NSEU with about 28,000 workers, the largest union among several others at the company, announced the decision Wednesday.
RTTNews
|
178 ngày trước
Samsung Names Young Hyun Jun CEO Of Semiconductor Business
South Korean tech giant Samsung Electronics Co Ltd announced Tuesday the appointment of Young Hyun Jun as the new Head of Device Solutions unit. The move is expected to strengthen its semiconductor business and its competitiveness amid surge in chip demand, despite uncertain global business environment.
RTTNews
|
186 ngày trước
US Offers Up To $6.4 Bln Grant To Samsung To Boost Chip-making In Texas
The U.S. government has offered up to $6.4 billion funding to Samsung Electronics Co Ltd. to build semiconductor manufacturing and research and development facilities in Texas. This will add to South Korean tech major's proposed investment of over $40 billion in the state to build a cluster of semiconductor factories in the coming years aiming to meet the expected surge in demand from U.S...
RTTNews
|
221 ngày trước
InterDigital Q4 Results Top Estimates; Guides Q1, FY24 Well Above Estimates
InterDigital, Inc. (IDCC) on Thursday reported fourth-quarter net income available to common shareholders of $39.1 million or $1.41 per share, up from $32.4 million or $1.08 per share in the prior-year quarter.
RTTNews
|
282 ngày trước
