InterDigital Inc (IDCC)

[rmarchma]

glenny re new Chinese chip companies signed in 2010

IDCC licensed two new Chinese chip companies in 2010: CapiSemi in Q2, and an unnamed Chinese company in Q3. These two Chinese chip companies generated $6.2m of revenues to IDCC in 2010.

From the Q3 10Q as follows:

"Technology Solutions

In third quarter 2010, we entered into a technology license agreement to provide our SlimChip TM 2G and 3G modem technology to a mobile chipset manufacturer in mainland China. Under the non-exclusive, royalty-bearing technology delivery agreement, InterDigital will license a dual mode core with 2G and 3G physical layer — inclusive of HSPA, compliant with the UMTS 3GPP Release 6 standard — and provide engineering support. InterDigital will receive milestone-based payments and will be compensated on a per-unit royalty basis on sales of products containing the delivered technology.

From the Q2 10Q as follows:

"Technology Solutions
In second quarter 2010, we entered into a strategic relationship for 3G technology transfer and a licensing agreement with Capital Semiconductor Limited (“CapiSemi”), whereby we will deliver our SlimChip modem core for integration into CapiSemi’s chips for 3G mobile devices. We will also provide comprehensive engineering support for the efficient integration of the SlimChip modem core into CapiSemi’s products for the 3G cellular market.