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RNS

Wolfson signs agreement with Samsung

Released 12:23 11-Apr-2013

RNS Number : 1423C
Wolfson Microelectronics PLC
11 April 2013
 



11 April 2013

 

Wolfson Microelectronics plc

("Wolfson" or "the Company")

 

Multi-Year IP License and Component Supply Agreement with Samsung establishes Wolfson as a primary audio partner for GALAXY range of smartphones and tablets

 

Wolfson Microelectronics plc, a global leader in the design and development of mixed-signal semiconductor audio solutions for the consumer electronics market, and Samsung Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, have today agreed a multi-year IP License and a Component Supply Agreement which establishes Wolfson as a primary Samsung audio partner. As a result of this agreement, Wolfson expects to be a major audio component supplier for Samsung's GALAXY range of smartphones and tablets including the GALAXY S4 in 2013.

 

This announcement builds on Wolfson and Samsung's existing relationship, where Wolfson has provided outstanding audio performance for Samsung devices including its best-selling GALAXY S III, as well as its GALAXY Note II and GALAXY Note 10.1.

 

Mike Hickey, CEO of Wolfson, said: "This is a significant milestone for Wolfson, and we are delighted to be making this announcement. Having worked closely with Samsung over recent years on their GALAXY range of tablets and smartphones, this agreement is a testament to our strong IP portfolio and our growing partnership, and we very much look forward to working closely together to continue to deliver exceptional audio in Samsung's smartphones and tablets."

 

 

Notes to Editors

 

About Samsung Electronics Co., Ltd.

Samsung Electronics Co., Ltd. is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, Samsung Electronics is transforming the worlds of televisions, smartphones, personal computers, printers, cameras, home appliances, LTE systems, medical devices, semiconductors and LED solutions. Samsung Electronics employs 236,000 people across 79 countries with annual sales of US$187.8 billion. To discover more, please visit www.samsung.com.

 

Samsung Press Contacts:

The Red Consultancy

samsungteam@redconsultancy.com

 

About Wolfson Microelectronics plc

Wolfson Microelectronics plc is a global leader in the supply of high performance, mixed-signal semiconductor devices and audio solutions to the consumer electronics market. In the home, in the office and on the move, Wolfson's innovative technology can be found at the heart of many of the world's leading digital consumer goods, including premier hi-fi equipment, mobile phones, tablet computers, MP3 players, flat panel TVs, digital still cameras and portable navigation devices. 

 

The company's headquarters is located in Edinburgh, UK. Wolfson's customers are located worldwide, and so is Wolfson, with design centres, sales offices, applications teams and engineering expertise across Europe, the US, Australia and Asia.

 

Wolfson Microelectronics plc is listed on the London Stock Exchange (LSE: WLF.L).

 

For more information about Wolfson Microelectronics, please visit: http://www.wolfsonmicro.com

 

 

Enquiries:

 

Wolfson Microelectronics


Mike Hickey, CEO

Mark Cubitt, CFO

0131 272 7000



Luther Pendragon


Harry Chathli, Claire Norbury

020 7618 9100

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Wolfson signs agreement with Samsung - RNS