Zeev, The royalty arrangements are confidential. Almost the only thing I have read about them is that they are higher than average, based of course on a percentage of selling price, so any price war in flash would hurt in two ways. I think, but cannot say for sure because it was a long time ago, that I read that the average percentage is something like 4%, but Sandisk asks for and gets nearly twice that. I'm not really sure what the percentage is of, though, it can't be final retail price, I don't think, but perhaps someone else can shed more light on it. Or perhaps someone who attends the annual meeting in 6 weeks or so can get some more details. I wouldn't hold my breath, though, they have historically been pretty close mouthed about it.
Sam |