Samsung collaborating with Motorola on mobile technology

Samsung collaborating with Motorola on mobile technology

Two of the competitors in the mobile market Samsung and Motorola are collaboration to share technologies with each other. This is the latest in a series of moves by the companies to cut costs and get going in this competitive field. It also helps in keeping costs low by avoiding legal disputes over intellectual property.

Samsung announced this deal while informing the Korea Exchange though refused to give out the details of the agreement in technical and financial sense. Samsung had also announced similar collaboration with the entertainment giant Sony Corporation of Japan last year to share patents on technologies.

The other companies in similar collaborations are South Korea’s LG Electronics Inc and Japan’s Matsushita Electric Industrial Company. They agreed earlier this year to settle a dispute over plasma display technologies and to cross-license patents on plasma, personal computers, and DVDs. this latest news of collaboration between Motorola and Samsung led to a minor rise in the share prices of the company in the stock market.

The collaboration would help these two top mobile manufacturers after Nokia to give it an enhanced competition and better products in the market to the end consumers.