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

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  • Samsung Electronics Co Ltd (OTC: SSNLF) and Marvell Technology Group Ltd (NASDAQ: MRVLannounced 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.
 

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