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Jan 12 (Reuters) – IBM (NYSE:IBM) and Samsung
Electronics Co (KS:005930) will jointly develop new
semiconductor technology to be used in smartphones and other
new gadgets, the companies said on Wednesday.

International Business Machines Corp and Samsung plan to
research new chip materials and improvements in process
technology, to develop smaller and more energy efficient
semiconductor products, they said.

The step comes as more consumers and office workers are
using mobile phones and tablet computers for Web access,
leading to demand for new kinds of semiconductor technologies.

(Reporting by Ritsuko Ando; Editing by Richard Chang)