02/16/2017 | Press release | Distributed by Public on 02/16/2017 16:02
NISKAYUNA, NY and SUWON, KOREA- February 16, 2017 - GE Ventures and Samsung Electro-Mechanics (SEMCO), a world leader in electronic components, announced today a multi-year, worldwide patent license agreement. With this partnership, SEMCO will license GE microelectronics packaging patent portfolio, covering the fabrication of substrates embedded with electronic circuits.
Developed by GE Global Research and Imbera Electronics Oy (now GE Embedded Electronics Oy) as part of a major GE focus in power electronics research over the last decade, the patent portfolio is of particular value for high performance communication and mobility products.
'GE is extremely pleased that SEMCO has recognized the significance of GE's IP in this space,' says Lawrence Davis, Vice President and MicroElectronics Packaging Program Director at GE Ventures. 'As the demand for increased power efficiency and higher performance in mobility products continues to expand, GE is positioned to be a strong partner for embedded electronics technology in the power and consumer electronics space.'
GE Ventures accelerates innovation and growth for partners by providing access to GE technologies through licensing and joint development partnerships. This advanced microelectronics packaging technology is being licensed to leading global manufacturing partners to provide advanced solutions to businesses worldwide.
SEMCO is a global leader supplying passive components in multiple industry sectors. SEMCO has three divisions: Digital Module, Advanced Circuit Interconnect and LCR; a manufacturing presence in five countries and direct sales presence in over fifteen countries.
About GE Ventures
GE Ventures identifies, scales and accelerates ideas that will help make the world work better. Focused on the areas of software, advanced manufacturing, energy and healthcare, GE Ventures combines equity investing, new business creation, licensing and technology transfer to deliver an innovation platform designed to drive growth for partners and GE. For more information, visit http://www.geventures.com, or follow on Twitter (@GE_Ventures) and LinkedIn.