China IP trade dispute vexes area firms
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Resonant signs deal with component vendor
Goleta-based electronics manufacturer Resonant announced on Sept. 5 that it had signed an agreement with a component vendor and surface acoustic wave device foundry. The agreement is part of the company’s Infinite Synthesized Network Foundry program and incorporates the vendor’s chip scale packaging and wafer level packaging capabilities, the company said in a news release. Read More →
Resonant opens office in South Korea to serve Chinese market
Resonant, the Goleta based designer of filters for mobile devices, opened a new office in South Korea after announcing a new customer in the Chinese market and the expansion of several licensing agreements with existing customers in the past six months. Jangwon Jung, formerly of Cavenish-Kinetics, was appointed as the country sales manager for South Read More →
Resonant’s revenue up but net losses grow
Goleta-based Resonant quadrupled its first quarter revenue compared to the first quarter of 2016, but net losses increased 58 percent to $4.9 million or 37 cents per share. The mobile device filter designer reported $156,000 in revenues, up from $27,000 for the same period last year, but operating expenses grew from $3.1 million to nearly Read More →
Goleta-based Resonant reports net losses grew in 2016
Net losses widened in 2016 for mobile device filter designer Resonant, based in Goleta, from $9.72 million in 2015 to $15.25 million, the company announced March 30. Resonant brought in $302,000 in revenues for the year, compared to none in 2015, but total operating expenses grew 60 percent year-over-year to $15.59 million. Net losses per Read More →
Goleta’s Resonant expands licensing with customer
Goleta radio frequency front-end filter designer Resonant announced additional licensing with an existing customer March 9. The agreement provides for the development and licensing of two kinds of filters and a new design for Resonant called a Quadplexer, targeting the Chinese market. The products will use a Chip Scale Packaging design and the two filters Read More →
Resonant agrees to sell $7.5 million in stock to Longboard
Goleta-based radio frequency front-end designer Resonant agreed to allow its stockholder Longboard Capital Advisors to purchase $7.5 million worth of stock and stock warrants. Expected to close Feb. 22, each unit in the offering will be sold for $4.61, the average closing price for Resonant common stock between Feb. 3 and Feb. 16. In addition, Read More →
