Samsung And Marvell Announce Novel 5G System-On-A-Chip

Samsung Electronics Co Ltd SSNLF and Marvell Technology Group Ltd MRVL announced the development of a new System-on-a-Chip (SoC) for the enhancement of the 5G network performance.
The SoC, which would be used in Samsung's Massive MIMO and other advanced radios, was slated for market introduction to Tier One operators during the second quarter of 2021.
The new SoC was prepared to support 5G and 4 G's simultaneous networking and save up to 70% in chipset power consumption compared to previous solutions.
Last year, the companies announced a partnership to develop new 5G products, including innovative radio architectures to address the compute power required for Massive MIMO deployments.
Price action: MRVL shares traded lower by 2.94% at $43.92 on the last check Thursday.