KTFT Slips Through LG's Fingers
Jun 15, 2006, 12:42 PM by (staff)
LG's attempted buyout of KTF Technologies has failed. The two companies have been in negotiations since LG announced its intention to buy out the handset manufacturing arm of KT Freetel in March. However in filings today both said they are were not able to come to an agreement on price and other terms. LG is third largest handset manufacturer in Korea and was most likely attempting to acquire KTFT to reclaim its number two spot rather than for any specific technological or financial benefits. KTFT manufactures a number of handsets for UT Starcom.
Freetel Sets Sites On US Market with Japanese Handsets
Freetel today announced plans to sell its smartphones in the U.S. Freetel is one of the larger wireless network operators in Japan and also makes its own smartphones.
Samsung Signs Long-Term Agreement with ARM
Samsung plans to use ARM's graphic processing unit designs in its mobile devices for years to come. The company today signed a long-term agreement to license ARM's GPU designs, including the Mali-T820, T830, T860, T880, and all future Mali GPUs.
Microsoft and Samsung Bury the Patent Hatchet
Microsoft and Samsung have come to terms ending a dispute over patents and royalty fees. Google's Android operating system uses a number of patented Microsoft technologies and Android handset makers pay Microsoft a fee to use them.
Nokia and Samsung Settle Patent Licensing Deal
Nokia today said it has reached an agreement with Samsung over the licensing of its wireless patents. The companies have been disputing the value of Nokia's patents since Nokia sold its handset division to Microsoft.
shouldn't it say "LG is third largest handset manufacturer IN Korea..." ??????
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