- Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) has collaborated with Samsung Electronics Co Ltd (OTC: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 (NASDAQ: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 (OTC: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.
Genius Brands To Hold Annual Meeting Of Shareholders At 1 p.m. EDT
https://ir.gnusbrands.com/ir-calendar/detail/6376/2021-annual-meeting-of-stockholders
