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News Breaks
February 26, 2013
09:52 EDTIDCC, SNEInterDigital sees getting $125M cash from Sony, says patents valued at $28.9M
InterDigital (IDCC) noted in its 10-K yearly filing that in December of last year it formed a joint venture with Sony Corporation of America (SNE), called Convida Wireless, to focus on driving new research in M2M wireless communications and other connectivity areas. InterDigital disclosed that its agreement with Sony is a multiple-element arrangement that also includes a three-year license to its patents for Sony's sale of 3G and 4G products, effective January 1, and an amount for past sales. Under the arrangement, InterDigital said it expect to collect a total of $125.0M of cash and has also acquired certain patents covering non-baseband technologies from Sony with an estimated value of $28.9M. InterDigital added that it recognized $22.3M of patent licensing revenue in Q4, and it expects to recognize $116.6M of patent licensing revenue, using the straight-line method, over the three-year term of the patent license. The remaining $15.0M represents funding toward M2M research and platform development, InterDigital said. In early trading, shares of InterDigital rose 55c, or 1.25%, to $44.51.
News For IDCC;SNE From The Last 14 Days
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July 31, 2014
05:39 EDTSNESony reaffirms FY15 outlook for income, sales
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05:36 EDTSNESony reports Q1 net income 26.8B yen vs. 3.1B yen last year
Reports Q1 revenue 1.81T yen vs. 1.71T yen last year. Sony said the sales increase was due to a significant increase in Game & Network Services segment sales, reflecting the contribution of the PlayStation 4 which was launched in November 2013, a significant increase in Pictures segment sales primarily due to higher theatrical revenues in Motion Pictures, as well as the favorable impact of foreign exchange rates.
July 30, 2014
11:47 EDTSNESony turned down participating in 'EA Access' program, Game Informer reports
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July 24, 2014
11:55 EDTIDCCNokia denied writ of mandamus in patent fight with InterDigital
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09:32 EDTSNESony to raise production capacity for stacked CMOS image sensors, DigiTimes says
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July 23, 2014
10:20 EDTSNESony investing to increase stacked CMOS image sensor production
Sony (SNE) announced earlier that it plans to invest in Nagasaki TEC and Kumamoto TEC from the second half of FY14 through the first half of FY15 to increase its production capacity for stacked CMOS image sensors. This investment is primarily intended to reinforce Nagasaki TEC's layering process production capabilities, as well as Kumamoto TEC's mastering process facilities. The current investment is expected to enable Sony to complete subsequent stages of production, including the layering process, at Nagasaki TEC on semiconductor chips that have undergone the mastering process at Yamagata TEC, providing Sony with a fully integrated production system for stacked CMOS image sensors. This investment forms part of Sony's mid - to long-term plan to increase its total production capacity for image sensors to approximately 75K wafers per month and is expected to increase the current capacity of approximately 60K wafers per month to approximately 68K wafers per month in August 2015. Sony intends to bolster its manufacturing capacity for stacked CMOS image sensors, and further strengthen its integrated supply operations, and to thereby reinforce its leading market position. The total investment amount is expected to be approximately Y35B to be carried out in FY14 and in FY15. Of this, the amount to be invested in FY14, or approximately Y9B, was included in the forecast of capital expenditure for semiconductors in the current fiscal year of approximately Y65B announced on May 14. Note that OmniVision Technologies (OVTI) designs, develops and markets integrated and semiconductor image-sensor devices.
July 22, 2014
16:04 EDTSNESkullcandy names David Raffone as Chief Sales and Revenue Officer
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08:09 EDTIDCCInterDigital provides infrastructure licensing update
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06:17 EDTSNEGlobal notebook shipments to increase 4.3% in Q3, DigiTimes Research says
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July 21, 2014
06:23 EDTSNEUpscale Sony Walkman enjoying a comeback in Japan, WSJ reports
Sony's new $700 Walkman, which is aimed at premium buyers, is enjoying a small comeback, the Wall Street Journal reports. The company says the ZX1, which houses 128 gigabytes of storage, is selling well in Japan. Reference Link

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