NXP has said that it is
selling a single-chip for ultra-low-cost phones to Samsung from the end of
Chief Executive Frans van Houten told Reuters the deal will mean that Samsung can sell cheap phones for $25.
NXP acquired the single chip technology when it took over Cellular Communications from Silicon Laboratories for $285 million earlier this year.
NXP was the semiconductor arm of Philips but was bought by a consortium of private equity firms.