By Michael Millar
Date: Tuesday 26 Jun 2012
LONDON (ShareCast) - Computer chip designer Wolfson said its audio technology had been picked by Samsung for a new smartphone, the GALAXY S III.
The firm's 'WM1811' package will determine the phone's call quality as well as the clarity of audio playback for music and video, while at the same time aiming to minimise power consumption.
Wolfson said this would mean "outstanding HD Audio user experiences with long battery life".
"Our continued success with Samsung, particularly within its range of smartphones and tablets, is testament to the unrivalled quality of our HD Audio Hubs, and the unique features in our products that allow manufacturers to create differentiated audio experiences," Chief Executive Mike Hickey.
Wolfson has a history of working with Samsung, having already provided audio technology for the Samsung Wave and Galaxy S.
The news sent the company's shares 6% in morning trading on Tuesday.
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| Currency | UK Pounds |
| Share Price | 224.25p |
| Change Today | 4.25p |
| % Change | 1.93 % |
| 52 Week High | 230.00 |
| 52 Week Low | 170.00 |
| Volume | 510,641 |
| Shares Issued | 116.71m |
| Market Cap | £261.72m |
| Beta | 0.19 |
| RiskGrade | 158 |
| Value |
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|---|
| Price Trend |
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| Income | ![]() |
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| Growth |
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| Strong Buy | 7 |
| Buy | 0 |
| Neutral | 1 |
| Sell | 0 |
| Strong Sell | 1 |
| Total | 9 |

| No dividends found |
| Time | Volume / Share Price |
| 11:47 | 1,592 @ 223.25p |
| 10:49 | 25 @ 223.25p |
| 09:38 | 1,196 @ 224.25p |
| 09:36 | 12 @ 224.25p |
| 09:23 | 5,000 @ 223.00p |
| CFO | Mark Cubitt |
| CEO | Mike Hickey |
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