C-Cube Message Board - Msg: 11706221

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Technology Stocks : C-Cube

CUBE 36.64

-0.5%

Dec 5 9:30 AM EST

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To: DiViT who wrote (46420)	10/26/1999 10:40:00 AM
From: BillyG	Read Replies (1) of 50808

Samsung exports key DVD tech to U.S. firm koreaherald.co.kr Samsung Electronics has agreed with Oak Technology of the United States to export key DVD (digital versatile disc) technology for $1 million, the company said yesterday. The terms also include an additional performance-based royalty to be paid for five years. Oak Technology is a provider of semiconductor and software solutions for the storage and distribution of digital content. Founded in 1987, the company takes a 30-percent share of the global market for integrated circuits for CD-ROM. Samsung has sold a technology that is used to retrieve compressed digital signals for DVD while sharply reducing errors, the company said. The two companies also agreed to jointly develop technology for DVD-RAM. Samsung expects the joint project to generate additional earnings worth $2 million for the company. Updated: 10/27/1999

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