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Re: power11 post# 392793

Sunday, 11/23/2014 8:15:33 AM

Sunday, November 23, 2014 8:15:33 AM

Post# of 432527
power11

the Huawei arbitration itself …. is for a non-China sales rate (not sure if that means IDCC agreed to the China demanded rate already?)

… which could then work back in to a global resolution….outside of arbitration


Eugene Fox - Cardinal Capital Management LLC

Okay. Last question from me. Huawei arbitration is what is really the subject the arbitration is at all of their sales globally, or all of their sales outside of China? And that was my last question. Thank you.

William Merritt - President and Chief Executive Officer

So the arbitration itself is dealing with the rates for the non-China sales. The structure of the resolution we have with them talks to how you get in the entire agreement done with them. So and I think, again, that arbitration is certainly a process that we're very comfortable with. We've always had good success in arbitration, I think, because we take very, very well reason, well-grounded positions, we don’t overreach, and I think our history of licensing will be very powerful in that arbitration. So, the result of that arbitration and then the overall settlement with Huawei ultimately leads to a resolution of a license for all of their sales.

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