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Samsung, Armani team up to develop TVs and mobile phones

Samsung Electronics said it agreed Sunday to develop new premium electronic products with Italian luxury goods designer Giorgio Armani. Under the business tie-up the two firms would jointly develop mobile phones, flat-screen televisions and other electronic products, it said in a statement. The "Giorgio Armani-Samsung luxury mobile," the first of the jointly-developed products, will be unveiled during a Giorgio Armani fashion show in Milan, Italy, on Monday, it said. An "Armani/Casa-Samsung luxury LCD television" under joint development was also ready to be unveiled in January 2008, it added.

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News source: Yahoo! News

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