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Resonant adds 3 more designs +2

09:28 02-Aug-16


Resonant has expanded the terms of its existing licensing agreement with its Tier-1 customer.  The latest product incorporates 3 duplexers into a single chip using wafer level packaging.  On one hand, any new business is good.  On the other, I don't think there's much reason to think this will help the company avoid dilution.  It's an incremental step towards greater recurring income down the road, but could also be taken to show that the company's goal of creating tunable filters is still a long way off.