Samsung has made a strategic investment in UK company picoChip. The amount of the investment is undisclosed, but it forms part of the $27 M of ‘D-round’ new investment announced in July by picoChip. The round has brought the total company funding to $70.5 M, which will enable it to build upon the success it has already achieved in the wireless infrastructure market and capitalize on Samsung’s expertise in manufacturing 3G base transceiver stations and base station controllers, as well as base stations for WiMAX.

“Samsung is a world leader in wireless infrastructure, and it is a testament to picoChip’s prominence as a silicon vendor for this market that Samsung has chosen to invest in us,” said Guillaume d'Eyssautier, president and CEO of picoChip. “The new round of funding reaffirms our leadership in multi-core DSP for advanced wireless markets with our WiMAX, HSPA and femtocell products.”

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