*

Hitt og þetta 4. nóvember 2005

Nordic Semiconductor ASA and Samsung Electro-Mechanics Co Ltd sign development agreement

Nordic Business Report-November 4, 2005-Nordic Semiconductor ASA and Samsung Electro-Mechanics Co Ltd sign development agreement
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

Norwegian electronic components developer and manufacturer Nordic Semiconductor ASA said on Friday (4 November) that it had signed a joint development agreement with the Korean company Samsung Electro-Mechanics Co Ltd. The agreement covers the joint development of a wireless audio streaming device based on Nordic Semiconductor's MegaZtream technology. Nordic Semiconductor said that it expected the agreement to have an impact on its revenues in the second half of next year.

((Comments on this story may be sent to tww.feedback@m2.com))