Tessera Achievements

SeekingAlpha Tessera conference call transcript has few interesting bits on EDoF technology adoption by Toshiba and more:

Kevin Vassily - Pacific Crest Securities

And then me kind of shift case it to a little bit to another licensee for the OptiML Focus Technology Toshiba, what if were to describe kind of the end product that they are producing, is this going to be their version of wafer-based fully integrated module solution or they using your OptiML Focus in conjunction with more conventional technology?

Bruce McWilliams

Yeah. This technology is a in a conventional 3 megapixel camera. The are things are changes the lens designed is changed and in the electronic logic and firmware go and so it will be a very high volume product. And it will be a First Tier OEM and it's our understanding that it will likely also be in pixel counts higher than 3 megapixel camera follow-on versions. So, we love the fact that we can enter into the market without having to wait for the infrastructure to be built out for wafer-level.

We do believe long-term, most of the mobile phone cameras will be eventually made in wafer-level technology because of size and cost reduction is possible.


Kevin Vassily - Pacific Crest Securities

Yeah. Thanks for taking some questions. Let me start with the Nemotek we want you to get share a little bit more about these guys, who they are, who they are planning to work with or if they are already working with people, why a mobile solution company, your mobile products company were chose to work with them versus the other traditional or more established module makers, you maybe announcing around the licensee because you feel there is a -- brings the markets that others aren't bringing as far as your technologies?

Bruce McWilliams

I will take that question. So maybe most people probably don't know in Morocco there are over 4,000 people in chip assembly. There are some large plants there. I'm bullish about the area, we have actually been training their engineers and we found them to be more skilled than similar ones we've had from China. We like the environment there because people are very stable in their jobs and low wage inflation and it's competitive with places like India and China and cost.

We also like the management. (Inaudible) was the people came over from STMicroelectronics, where he was the Chairman of ST Morocco and that's plan with over 4,000 of people in very state-of-the-art plan. So, we are excited about it. We like the fact that they are going to be totally vertically integrated having all the technology. So, wafer and parts out. So, we have a very strong groups is providing the investment for the company.

Now, what we do have, we believe some additional big players that will come on Board and they were optimistic. You will see some other mainstream players in the first half of the year.