alritethen, Samsung 2012.
I don't have Samsung generating revs in 2012 becuase given the timing of the announcement I don't expect meaningful shipment of Samsung devices and chips with royalties to Wave for any sort of TC enablement in 2012.
I do think that is is reasonable that Samsung may well become a 10% customer, and given their volume, overtake Dell as Wave's leading OEM customer.
Should Samsung start royalty based bundling Wave IP in with devices and chips, the ramp would likely be much quicker than the Dell ramp ... mobile devices simply turnover faster than PCs. But not 2012. Samsung can cover a lot of ground in a real hurry, they have shown that, but it still seems meaningful Samsung revs would likely have to wait until at least mid/late-2013. I would expect, however,for Samsung based revs to gain visibility prior to them actually occurring (as was the case with Dell).
For historical perspective the Dell ramp is as follows:
2005: nil (Feb-05 reseller agreement, Nov-05 bundling agreement)
2006: $1.1m
2007: $4.5m
2008: $7.0m (Jan-08 deal extended and higher rate, Dec-08 another rate increase)
2009: $15.3m
2010: $20.7m
2011: $22.4m (est)
If one considers the Samsung agreement a development agreement, one would presumably wait for a bundling agreement with modest sales to follow and then a pretty steep ramp.
The above content is my opinion.
