Texas Instruments in License Deal With Samsung:...

Texas Instruments in License Deal With Samsung: Texas Instruments Inc. said it reached agreement with Samsung Electronics Co. on a new five-year broad-based semiconductor patent cross-license agreement. TI will receive royalty payments from Samsung, which are expected to greatly exceed the amounts received by TI under the existing agreement. The new agreement, along with last week’s agreement with Toshiba Corp., reinforces TI’s opportunities to earn “significant” royalty revenue from its worldwide patent portfolio.