Samsung Electronics has struck a deal with German company Schlumberger in a bid to capitalise on lucrative Chinese markets. According to reports, Samsung and Schlumberger will cooperate on producing both chip testing equipment and IC cards. As part of the deal, the German partner will open a research office at Samsung's fabs in South Korea. But the alliance is a wide ranging one. Both companies are also cooperating on integrated chips on motherboards. No financial details of the arrangement were disclosed. ®