MIPS (MIPS) 8-K/A Financial Statements and Exhibits

Exhibit 99.3

CHIPIDEA MICROELECTRÓNICA S.A.

UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

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CHIPIDEA MICROELECTRÓNICA S.A.

CONSOLIDATED STATEMENTS OF INCOME FOR THE SIX MONTHS ENDED JUNE 30, 2007 AND 2006

(Thousand Euros)

	2007			2006
Revenues
Licensing and services		11,972			8,269
Royalties		1,789			1,054
		13,761			9,323
Other income		29			22
Employee Benefits expense		(8,645	)		(6,647	)
Depreciation and amortization expense		(1,010	)		(590	)
Impairment of assets		(173	)		(26	)
		(9,799	)		(7,241	)
Other expenses
Other third parties, Operating leases and External Services		(4,311	)		(4,041	)
Operating leases
Other Costs		(135	)		(359	)
		(4,446	)		(4,400	)
Net Finance Costs (Profit)		(212	)		(461	)
Profit (Loss) Before income taxes		(696	)		(2,779	)
Income taxes expense		(504	)		(24	)
Profit (Loss) for the period		(1,200	)		(2,803	)

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CHIPIDEA MICROELECTRÓNICA S.A.

CONSOLIDATED BALANCE SHEETS AS OF JUNE 30, 2007 AND DECEMBER 31, 2006

(Thousand Euros)

	2007			2006
Assets
Current Assets
Cash and cash equivalents		1,618			7,944
Trade and other receivables		11,856			8,866
Current income tax asset		1,640			1,627
Total current assets		15,114			18,437
Non-Current Assets
Other financial assets		11			11
Property, Plant and Equipment		6,991			6,992
Intangible Assets		5,580			1,478
Deferred Tax		2,196			2,196
		14,778			10,677
T		29,892			29,114
Liabilities and shareholders’ equity
Current liabilities
Trade and other payables		12,491			9,394
Other financial liabilities		5,785			6,971
Current Income Tax Liability		3			3
Provisions		37			37
		18,316			16,405
Non – Current liabilities
Financial liabilities		493			423
Deferred Income Tax Liability		-			-
Provisions		1,187			1,187
		1,680			1,610
		19,996			18,015
Net Assets		9,896			11,099
Equity
Share Capital		5,557			5,557
Share Premium		12,153			12,153
Fair Value and other reserves		1,499			1,495
Retained Profits (Accumulated losses)		(9,313	)		(8,106	)
		9,896			11,099

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CHIPIDEA MICROELECTRÓNICA S.A.

CONSOLIDATED STATEMENTS OF  CASH FLOWS FOR THE  SIX MONTHS  ENDED JUNE 30, 2007 AND 2006

(Thousand Euros)

	2007			2006
Cash flows provided by (used for)
Operating activities
Receipts from costumers		10,438			7,882
Payments to suppliers and employees		(12,571	)		(8,724	)
Cash generated from operations		(2,133	)		(842	)
Income taxes paid		(15	)		(8	)
VAT		71			89
Other		(461	)		(1,292	)
Net cash provided by/used in operating activities		(5,538	)		(2,053	)
Investing activities
Property, plant and equipment		(306	)		(492	)
Payment for intangible assets		(2,045	)		(24	)
Government Grants		-			-
Dividends Received		-			-
Interest received		13			-
Other		127			-
Net cash provided by/used in investing activities		(2,210	)		(516	)
Financing activities
Proceeds from issue of shares		-			-
Proceeds from borrowings		-			226
Repayments of borrowings		(1,648	)		(392	)
Payment of finance lease		(291	)		(241	)
Interest Paid		-			(177	)
Government Grants		370			(90	)
Net cash provided by/used in financing activities		(1,569	)		(674	)
Net increase (decrease) in cash
Cash and cash equivalents		(6,318	)		(3,243	)
Cash and cash equivalents at the beginning		7,944			6,123
Effects of exchange rate		(8	)		(43	)
Cash and cash equivalents at the end		1,618			2,837

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CHIPIDEA MICROELECTRÓNICA S.A.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Nordic:

On February, 14, 2007 Chipidea SA and Nordic Semiconductors ASA entered into an Asset Purchase Agreement (APA). On March, 12, 2007 the above Companies signed an Exhibit to the above mentioned APA and as part of the total Agreement signed on February. Under the terms of the Agreement Chipidea SA (a Portuguese based company) bought the Data Conversion Unit of Nordic Semiconductors APA (a Norwegian based company). Chipidea SA agreed to pay Nordic Semiconductors an amount of 4.634.000,00 Euros in Cash. Under the agreement Chipidea will pay Eur 3.000.000,00 in 2007, Eur 1.000.000,00 in 2008 and Eur 634.000,00 in 2009.

Belgium Operations -- Mobile Product Division:

During March, 2007 Chipidea's Board decided to restructure the Belgium Unit that was in charge of developing the MSC2 platform. The Board considered that the market traction and opportunities related with the developed platform were not attractive enough to keep the same level of expenditures. As a consequence it was decided to downsize the operations and to integrate the technology in Chipidea's Audio and Power Solutions Division. In March, 2007, Chipidea recorded a charge of 550.000,00 Euros related to the restructuring of the operations.

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