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picoChip gets backing from Samsung

Samsung has made a strategic investment in picoChip as part of the $27million funding round concluded in July.

"Our strategic investment in picoChip represents Samsung's commitment to advanced wireless," said Brian Kang, principal investment manager with Samsung Ventures America. "picoChip is a key player with leading edge for WiMAX and femtocells and we are delighted to be working with them as we address these growing markets."

Graham Pitcher

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