- Alphabet Inc GOOG GOOGL has collaborated with Samsung Electronics Co Ltd SSNLF to supply the 5G modem for its next flagship Pixel smartphone, Reuters reports.
- Samsung scored a big win as it never sold its 5G modem chip technology to an outside company.
- Recently Google dumped Qualcomm Inc QCOM to build its smartphone processor Google Tensor, to power its new Pixel 6 phones. Interestingly, Samsung just announced a $151 billion spending on advanced chipmaking.
- Only Samsung, Qualcomm, and MediaTek Inc MDTKF can manufacture 5G modems connected to wireless data networks.
- Samsung's new modem technology was also capable of millimeter-wave networking.
- Price Action: GOOG shares are trading lower by 0.09% at $2,856.34 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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