Seoul: Samsung, a Korean tech giant, is trying to include state -of -the -art technologies made by Israeli startups and tech firms in the line of mobile products and software.
The selected Israeli startups will receive $ 50,000 grant from Samsung as part of a technical program, and they will also get technical assistance from the company's R&D division over a period of six months.
To consider for Samsung Mobile Advanced (SMA) program, how can it increase Israeli startups from its state-of-the-art and developed technology and separate itself from the tech legend of mobile equipment and software, a one The pilot has to be developed.
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In the following areas: Camera (optics, algorithm, electronics), power, audio, on-device AI, metavors/agented reality (XR), sensors, foldables, wearbals, health, connectivity, environmental and sustainability (ESG), and Advanced materials , Samsung is looking for startups and tech companies.
The winning startups will be announced in June after a pitch of Samsung's Korean development team and their proof of concept (POC) proposal for the Israeli mobile team. The program will run from July 2023 to February 2024.
In Israel, the program is in its second year. Additionally, it is happening in the United States, Europe, Canada, China, Japan and India.
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After purchasing Israeli firm Transchip Israel Limited, which made chips for mobile cameras, Samsung Group opened an R&D facility there in 2007.
Lyore Yacautiali, director of Open Innovation at Samsung Research Israel, said "his technology, product, or viability of service is one of the challenges faced by startups and high-technical companies."
We start the process by discovering businesses that have the correct techniques and help them carry a POC with one of our R&D features in Korea.
According to Yechtielly, businesses will be able to modify their current products and technologies for integration in Samsung's products with the funding of the program and cooperation with the Korean labs.
According to the needs of both businesses, if the POC results are positive, we can proceed with a technical partnership agreement, a licensing agreement, an investment through Samsung's Investment Fund, and much.
Since this is a great opportunity for him to enter one of the top technology companies via the front door, he continued, "We encourage qualified Israeli companies to apply to the program.
Samsung Research Israel, who was established to find state -of -the -art and state -of -the -art technologies within the Israeli ecosystem, is in charge of the program in Israel.
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Samsung's electronics divisions are looking for Israeli solutions, and SRIL is looking at ways to include such techniques in Samsung's products. Through the Samsung group's investment fund, SRIL also invests in Israeli firms.