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Microsoft, Korea Samsung Ink Deal

Steven Parker CEO - Neowin.net Neowin @aSteveParker · Oct 17, 2001 10:14 EDT with -1 comments

The Microsoft Oven will operate correctly for another 12 days by which time you will need to "Activate" it or it will overcook everything! - ED, hehe

Thanks News Whistler. Bringing a whole new concept to crashing appliances Microsoft Corp. and South Korea's Samsung Electronics said on Wednesday they had agreed to jointly develop and market consumer PCs and electronic home appliances.

Microsoft founder and chairman Bill Gates and Chin Dae-je, president and CEO of Samsung Electronics' digital media business, signed a memorandum of understanding in Seoul over the deal.

Samsung said the deal had no monetary value.

"The two companies intend to work together to develop and market a new breed of products based on Samsung hardware and Microsoft Windows software," Gates said in a statement.

Gates is visiting several Asian nations to promote Microsoft's latest technology.

News source: Reuters