S3 gets $42 million from UMC

S3 is being paid $42 million by Taiwanese foundry United Microelectronics Corp (UMC) for 29 patent licences. The money is being paid by UMC for multimedia and integrated circuit technology licences that S3 owns. Neither UMC nor S3 would say which particular products will be manufactured by the foundry in association with the licences. S3 has a strong patent portfolio coveted by a number of other companies, including, if not especially, Intel. (Story: Intel: S3 had us by the goolies) ®