AUTOWAVE Mitsubishi ID61 4D Transponder Chip
Transponder chips are the part of the key that connect with the immobiliser and are often either carbon or glass.
They can either be built onto the PCB (On-Board) or housed separately in the key (Off-Board) .
Transponder chips work by forming a handshake between the vehicle key and the vehicle itself via an aerial near the ignition barrel.