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Last updated: October 7th, 2013 at 10:32 UTC+02:00
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PowerbyProxi focuses on consumer electronics and industrial applications and will help Samsung work closely with the company that is an active member of the Wireless Power Consortium (WPC). Samsung is a part of Alliance for Wireless Power (A4WP).
In addition to the investment, Samsung Electro-Mechanics has also formed a strategic partnership with the company that will allow them to license the PowerbyProxi wireless power IP.
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