Hello chippers,
I have been trying to understand one thing that I hope you clever people can help me with. Sean has said that it takes around 3-4 years for a IP customer to put a new product to market with our IP (from memory). Renesas and megachips signed IP contracts some years ago so hopefully they are soon ready with a product that will provide us with royalties. But what about all other eco system partners and early adopters. Are we expecting a IP license agreement from all these early adopters and partners and then 3-4 years from the signed contract untill a commercial royalty bearing product is ready?
Sorry if this has already been discussed.
I have been trying to understand one thing that I hope you clever people can help me with. Sean has said that it takes around 3-4 years for a IP customer to put a new product to market with our IP (from memory). Renesas and megachips signed IP contracts some years ago so hopefully they are soon ready with a product that will provide us with royalties. But what about all other eco system partners and early adopters. Are we expecting a IP license agreement from all these early adopters and partners and then 3-4 years from the signed contract untill a commercial royalty bearing product is ready?
Sorry if this has already been discussed.