Nvidia cooking up 3G/4G chips
Competition in the mobile chip market is heating up, as graphics giant Nvidia agreed on Monday to acquire a UK-based baseband processor manufacturer, adding wireless connectivity to its arsenal.
LG to develop own smartphone chips
Embattled South Korean OEM LG has announced that it’s working on developing its own smartphone chips in a bid to boost its flagging handset business. Although LG is the world’s third-largest mobile phone manufacturer, the company has reported losses for three quarters in a row and is under increasing pressure from rivals HTC and Samsung.
Intel pays Nvidia $1.5bn to settle patent dispute
Silicon players Intel and Nvidia have agreed to end all outstanding legal disputes in a deal that will see Intel pay graphics specialist Nvidia $1.5bn as part of a six-year cross-licensing agreement. Intel will make the payments in five annual instalments, beginning January 18th. Intel gets a licence to Nvidia patents, while Nvidia gets limited access to Intel’s portfolio, wtih x86 not covered by the deal. Intel’s flash memory products are also excluded from the agreement.
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