Intel Corp (INTC)

[mas]

Rockchip implications ... Intel is basically acting like ARM in this deal and licensing its IP to Rockchip so there will not be much money in this deal, maybe a dollar or less a chip for 4 cores and the modem. Where this gets interesting is in the future, on 14nm.

I can see this exercise being repeated but on Intel's 14nm so Intel would pick up foundry margin as well then. The deal for Intel is that it will open the door to China as it still will be a natively designed SoC using licensed IP (by Intel not ARM) and built on an external foundry (by Intel not TSMC) as Rockchip do now. Not a bad localized deal by BK with good future implications.