Advanced Micro Devices AMD 31.44 +1.77 +5.97% announced a multi-year strategic partnership with Samsung to provide ultra low power, high performance mobile graphics IP based on AMD Radeon graphics technologies. Samsung is the number one cell phone maker in the world.
AMD is already a leader in computer graphics and processors, and moving into consoles with the next PlayStation. Adding Samsung is a huge win.
“Adoption of our Radeon graphics technologies across the PC, game console, cloud and HPC markets has grown significantly and we are thrilled to now partner with industry leader Samsung to accelerate graphics innovation in the mobile market,” said Dr. Lisa Su, AMD president and CEO. “This strategic partnership will extend the reach of our high-performance Radeon graphics into the mobile market, significantly expanding the Radeon user base and development ecosystem.”
Key terms of the partnership include:
- AMD will license custom graphics IP based on the recently announced, highly-scalable RDNA graphics architecture to Samsung for use in mobile devices, including smartphones, and other products that complement AMD product offerings.
- Samsung will pay AMD technology license fees and royalties