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Samsung Electronics Purchases TransChip Israel Ltd.
Nov 1, 2007
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Samsung Electronics Co. has bought an Israeli developer of image sensors. Samsung purchased Tel Aviv-based and privately held TransChip Israel Ltd. and turned it into one of its research and development centers, said Samsung spokeswoman Lee Eun-hee. The purchase took effect Oct. 1.

Lee said Samsung bought TransChip "to enhance our competitiveness" in CMOS image sensors, which are incorporated into semiconductors used in digital cameras and cameras in mobile phones. Samsung manufactures the sensors.

TransChip will be renamed Samsung Semiconductor Israel R&D Center Ltd., Lee said. Samsung now has 17 research and development centers in countries including South Korea, India, China, Russia, the United States, and Japan. (AP) 

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