The license of our patent portfolio with AMD's demonstrated innovation in the microprocessor market is highly compelling.
"Harold Everett Hughes" was the List of Governors of Iowa/36th Governor of Iowa from 1963 until 1969; he had been a Republican Party (United States)/Republican earlier in his life. He also served as a Democratic Party (United States)/Democratic United States Senate/United States Senator from 1969 until 1975.
More Harold Hughes on Wikipedia.We will grow our Indian operations substantially before we start branching out.
Many of these are wonderful companies that we would like to have engineering relationships with. I think it would be only as a last resort that we dealt with litigation.
Our ongoing stock repurchase program demonstrates the confidence we have in our company and shows our commitment to deliver long-term stockholder value. Our strong balance sheet and cash generation capability allow us to simultaneously invest in our current business and repurchase stock.
This agreement continues our relationship with an industry leader and expands the availability of our technology in the market.
Renesas is a global leader in the semiconductor market and signing this renewal represents strong validation of our patent portfolio.
One of our anxieties is de-focusing the relatively small number of engineers we have. Within our own core development, I am reluctant to fund projects that are way afield of where we are.
We are pleased with the results for the fourth quarter. We achieved record revenue and finished the year by signing an important patent licensing agreement with AMD for which payments will begin in 2006.
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