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NewsPoster May 28, 2013 06:46 PM
Briefly: Samsung opens Finland R&D, ST-Ericcson sells GPS to Intel
Samsung has revealed it will be soon opening an expansive research facility in Espoo, Finland. The Samsung Electronics Research Institute is scheduled to open on June 13, and is likely related to Samsung's partnership with Finland's VTT Technical Research Center for development of new energy efficient technology.<br />
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<strong>St-Ericsson unloads GNSS GPS technology to Intel</strong><br />
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ST-Ericsson, a joint venture of STMicroelectronics and Ericsson, today announced the signature of a definitive agreement to sell the assets and intellectual property rights associated with its mobile connectivity Global Navigation Satellite System business to Intel. In addition to the assets and property rights associated with this business, a team of 130 industry veterans located in Daventry, UK; Bangalore, India; and Singapore are anticipated to join the buyer at closing of the transaction.
 
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