RDA Microelectronics (RDA) announced that it has signed an IP license and development agreement with Trident Microsystems (TRID). According to the terms of the agreement, RDA will pay $16M in cash to secure a non-exclusive, worldwide, non-transferrable license to develop, manufacture and sell derivative versions of the Trident SX5 Digital TV SoC platform for a period of 10 years.
Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China …