I like this paragraph showing the % breakdown of license,...

I like this paragraph showing the % breakdown of license, royalties & support.

"About 80% of the companies that sign a license end up building a chip that they can sell in the market. The remaining 20% either get acquired or fail for other reasons. Royalties make up roughly 50% of ARM’s total revenues, licensing fees are just over 33% and the remainder is equally distributed between software tools and technical support."

We get the license fee even if Renesas never sells a single chip. The rest is cream of course.