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August 27, 2012 12:40 pm GMT
Samsung Electronics has been knocked hard on mobile phone design innovation in the last few days, but in what might be a spectacular display of diversionary tactics, it is also doubling down on another significant part of its business -- chipmaking. Today, the Dutch semiconductor machine maker ASML announced that Samsung would be investing close to $1 billion -- yes, more or less the same amount for which the jury in California held it liable over Apple patent violations on Friday -- towards R&D and an equity stake in the business. In doing so, Samsung will be joining Intel, which took a 10% stake in ASML in July for $2.1 billion.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yITQTX3Ln-4/
Taking A Big Hit On Design, Samsung Doubles Down On Chips, Puts $974M Into ASML
Samsung Electronics has been knocked hard on mobile phone design innovation in the last few days, but in what might be a spectacular display of diversionary tactics, it is also doubling down on another significant part of its business -- chipmaking. Today, the Dutch semiconductor machine maker ASML announced that Samsung would be investing close to $1 billion -- yes, more or less the same amount for which the jury in California held it liable over Apple patent violations on Friday -- towards R&D and an equity stake in the business. In doing so, Samsung will be joining Intel, which took a 10% stake in ASML in July for $2.1 billion.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yITQTX3Ln-4/
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