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Technology Stocks : Intel Corporation (INTC)

INTC 49.25

+0.9%

Feb 3 3:59 PM EST

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To: kas1 who wrote (22841)	5/26/1997 1:47:00 AM
From: greenspirit	of 186894

Konrad and ALL: Article...Intel signs deal with Samsung... Intel Inks Deal With Samsung (05/23/97; 3 p.m. EDT) By Ken Yamada, Computer Reseller News Intel Corp. announced an agreement to explore future computer and consumer electronics technology with Samsung Co. Ltd. The agreement calls for both companies to hold discussions on the development of products and technologies that combine personal computer technology with consumer devices, an Intel spokesman said. Samsung has been a longtime customer of Intel, he said. "We're basically engaging in discussions to explore the areas where we may be able to combine our efforts to further the PC as a consumer device," he said. "Clearly our expertise is complementary, because Intel has expertise in PCs and related technologies, and Samsung has expertise in consumer electronics." The agreement was signed at Intel's headquarters in Santa Clara, Calif., by Intel Chief Executive Andrew Grove and Samsung Chief Executive Jong-Yong Yun. ______________________________________________________ Regards, Michael

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