QUALCOMM teams with Samsung for mobile chips

QUALCOMM has forged a deal with Samsung to provide additional mobile phone chips to ensure it can meet anticipated stronger demand. QUALCOMM has failed to meet demands in the past because contract partners could not produce enough chips, since the company only designs circuits and relies on chipmakers for the semiconductors. QUALCOMM said it expects increased demand for CDMA and WCDMA markets. The deal is a big win for Samsung, as it looks to boost its weak non-memory operations. The companies did not disclose financial detail or timetables for the agreement.

For more on the QUALCOMM, Samsung deal:
- check out this AP article