Friday December 09, 2016

AMD Barclays Global Technology, Media and Telecommunications Conference Call

While almost all this info isn't new, there are a few nuggets of information in there that make this transcript worth the read. Just FYI, the link above requires registration if you want to read more than the first page.

Unidentified Company Representative

Okay. On the licensing front, I won’t put you on the spot about specific recent rumors but say at least there has been some talk that you might have a partnership with one of your largest competitors, rather than talking about that specifically, could you just talk about your appetite more broadly for other licensing partnerships and what type of willingness you’d have to do those?

Devinder Kumar

Yes, I think, we've talked about IP monetization in particular partnerships. So, AMD with the treasure full of IP that we have, we have 10,000 plus patterns, half of them are US-based. And we saw over the last two or three years that we can go ahead and partner with folks, where we don't want to directly enter market. We will be very careful in terms of who we partner with, where it doesn't come back and directly compete with us in areas that we want to go put products in, and very happy to do on a fair basis a deal with the partner to go ahead and monetize that IP, get cash, benefit the P&L and balance sheet in particular.