Resonant Issues Shareholder Letter and Provides Corporate Update - Seite 2

Nachrichtenquelle: globenewswire
28.12.2020, 14:31  |  119   |   |   

Filter Market   Duplexer Market
Murata 38 %   Murata 35 %
Qualcomm 25 %   Broadcom 20 %
Wisol 11 %   Qualcomm 12 %
Broadcom 7 %   Skyworks 11 %
Qorvo 6 %   Taiyo Yuden 10 %
Skyworks 6 %   Qorvo 6 %
Taiyo Yuden 6 %   Wisol 5 %
Other 1 %   Other 1 %

Leading RF Filter and Duplexer Manufacturers (Source: Navian, 2019)

Work with this partner started quickly, and by October 2020 we successfully delivered against our second milestone ahead of schedule, which required us to achieve previously determined target performance, packaging and initial reliability. In conjunction with this milestone achievement, we received a $2.5 million payment and, more importantly, moved towards the next phase of the agreement which focuses on building a commercial platform and high-volume manufacturing of our XBAR 5G RF filters. Our strategic partner has exclusivity to our XBAR technology for mobile applications until March 2022, and with two of four milestones already achieved, we remain extremely optimistic about our strategic partnership.  

We also continue to make significant progress with our 4G RF filter solutions as a result of our standard product library that we are leveraging with customers around the world.  Leveraging this solution, we signed a multi-year licensing agreement with a dominant Asian filter foundry partner, which includes both prepaid revenues and royalties. As we enter 2021, we will have completed the designs for a total of seven 4G RF Filter designs covering multiple bands, which collectively represent a worldwide total addressable market of approximately $1.6 billion.

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Resonant Issues Shareholder Letter and Provides Corporate Update - Seite 2 2020 Marks Highest Revenue Year in Company History, Customers Surpass Shipment Milestone of 50 Million RF FiltersAUSTIN, Texas, Dec. 28, 2020 (GLOBE NEWSWIRE) - Resonant Inc. (NASDAQ: RESN), a leader in transforming the way radio frequency, or RF, …


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