Wolfson Signs Supply Agreement with Samsung Electronics
11 April 2013 - 10:00PM
Dow Jones News
LONDON-- Wolfson Microelectronics PLC (WLF.LN), a specialist in
audio technology semiconductors, Thursday announced that it has
agreed a license and component supply agreement with digital
technology group Samsung Electronics Co. Ltd (SSNHY).
MAIN FACTS:
-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.
-Shares at 1128 GMT, up 15 pence, or 8.8%, at 185 pence valuing
the company at GBP208 million.
-Write to Rory Gallivan at rory.gallivan@dowjones.com; Twitter:
@RoryGallivan
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