Samsung Electronics announced on Friday, June 1st that it has acquired low-power wireless LAN chipset developer Nanoradio, for an undisclosed sum. Nanoradio is a company based in Kista, Sweden, and is in the business of developing Wi-Fi chipsets that use low amounts of power; chipsets that are specifically useful in portable devices such as smartphones, tablets, wireless network cameras for home surveillance, media players and gaming devices.
Although you might have never heard of this small firm that counts only 60 employees, I find it interesting that the management team is composed out of people with strong connections with other companies in the mobile phone market such as O2, Clearwire, Nokia, Ericsson, Compaq, Fujitsu and Dialog Semiconductor. At a financial level, Nanoradio is backed by Viking Venture, Creandum, Industrifonden, Nordic Venture Partners, Ferd Capital, Innovacom, Anchor Capital and Teknoinvest.
Although official reasons were undisclosed, it reigns obvious that Samsung intends to design and manufacture their own Wi-Fi chips in future mobile devices. Nanoradio is a fabled chip maker, meaning they are currently unable to manufacture their own designs, although future outsourcing shouldn’t be a problem now that the South Korean giant, Samsung, is in charge.
At this point, we cannot tell for sure exactly how long it will take for Samsung to start equipping their smartphones, tablets and media players with Nanoradio WiFi chipsets, but we’ll be here to report whenever that actually happens. As always, feel free to share a thought in the comment section below!
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It’s not a ‘fabled’ chip company, it’s a ‘fabless’ chip company…