Eventual merger between Samsung and AST moved closer last week as the Korean giant announced it had moved its head of PC development to revamp AST's product line.
As head of PC development at AST, NB Park will head a team of 35 Korean engineers briefed with reshaping AST?s range, according to US sources. At last week?s Comdex/Fall, both companies exhibited at large stands bang next to each other.
Although Samsung owns 46 per cent of AST?s shares, it has options for 61 per cent and has replaced most of the former AST executives in the company boardroom. It has already spent over $600 million investing in the company.
For the past few months persistent rumours have circulated in the industry that senior Samsung staff have replaced former AST executives in the UK and at its Limerick plant, although both companies decline to comment.
* Texas Instruments and Samsung have ended a lawsuit over semiconductor patents with both signs striking a deal which will generate around $1 billion in royalties for TI over the next 10 years. A complex cross licensing deal will allow both companies to use the other?s technologies.
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