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Down over $5.00 --- this company's management sucks -- no doubt about it
tHEY PROBABLY KNOCKED OUT THE EXTRAORDINARY ITEMS.
my3sons87: Sorry, my eyesight is bad and my typing equally as bad. You know how that goes1
I meant to type XIAOMI
Fourth Quarter and Full Year 2017 Financial Results Conference Call - February 22, 2018 10 AM EDT
MM's made their move yesterday, dragging the price down $2.45.
A second move will take place later this afternoon, followed by early morning manipulation prior to market opening on Thursday.
JMO
mickeybritt:
1 Billion Dollars------ 1 Trillion Dollars---------- PERCENTAGE
1,000,000,000.00--- 1,000,000,000,000.00--- 0.1000% (1 10TH OF 1 PERCENT)
SO, you ARE saying IDCC will earn $1 billion dollars a year from 5-G !
Hell, they can't even sign a tier-4 company, let alone the likes of ZTE, Xiongi, Microsoft, and others ! ! !
OH, maybe these companies will infringe on our technology and pay us nothing while we spend billions in trying to sue to defend our patents!
And maybe those under license get 5-G for free based on their existing licenses in place.
JMO
Lets just hope that earnings are good, beat expectations, and somehow a new license is announced before the conference call.
Our two days of good gains are about to be wiped out! Go Figure! ! !
Otherwise, I think this will be the year that shareholders ask for Merritt's head on a platter.
There used to be a perfume commercial that said 'Promise her anything, give her Arpege'.
Merritt says ' Promise them everything, give them nothing!
LOL
AND WE HAVE THE ENGINEERS THAT MAKE CHIPS WHAT THEY ARE !
HECK, IF HE WANTED IT, HE COULD BUY IT OUT OF HIS 'POCKET CHANGE'.
Jiff,, what about the 4-G and )5-G technology that is coming soon) ? Seems toi me as I recall that the big patent purchase was of the 3-G variety.
Jiff, I don't know about your hopes but I am hoping that someone buys IDCC out sooner than later. We have such potential, expertise, and ability but can't sell ourselves, not even to the devil!
Time to rekindle the strategic options we explored several years ago when we seemed to put ourselves up for sale during a period of times where were were deep in litigations and our future was uncertain. Now, today, we are over MOST of those roadblocks and still lingering in tht ability to sell our products and technology.
Gotta wonder why we are being held back!
JMO
This may also add to IDCC's revenues as perhaps Intel cuts a deal with InterDigital.
Maybe it could also lead to the purchase of additional IDCC patents AND MAYBE even a buy out of InterDigital1
JMO
Intel Corp. Reportedly Wins Entirety of 2018 Apple Inc. iPhone Modem Orders
Ashraf Eassa, The Motley Fool
Motley Fool February 11, 2018
According to a new report from KGI Securities analyst Ming-Chi Kuo (via MacRumors), Apple (NASDAQ: AAPL) plans to source the cellular modem chips that will power its upcoming iPhone models exclusively from chip giant Intel (NASDAQ: INTC).
Apple had sourced cellular modems from Qualcomm (NASDAQ: QCOM) for the iPhones that launched between 2011 and 2015, but added Intel as a second source with the release of the iPhone 7 series in 2016. Apple continued its practice of dual-sourcing cellular modems with the 2017 iPhone models.
The modem that will reportedly power Apple's upcoming iPhones is Intel's XMM 7560. The XMM 7560 includes support for cellular networks that support the CDMA wireless standard. CDMA support is a critical addition that makes it possible for Apple to even consider using Intel as a sole source for cellular modems.
Let's go over the implications for both Intel and Qualcomm if this report is true.
Another surge in Intel's cellular modem business
Today, Intel is believed to have minority modem share in Apple's iPhone 7 series, iPhone 8 series, and iPhone X smartphones. It currently has no share in Apple's iPhone 6s series smartphones, nor in Apple's lowest-cost iPhone SE model.
If it's true that Apple will use Intel's XMM 7560 exclusively in all of the new iPhones that it introduces later this year, then this should mean significant cellular modem revenue growth for Intel by virtue of share gains in the latest iPhone models. That revenue growth should kick in during the second half of 2018 and persist through the current iPhone product cycle.
Additionally, since Apple's iPhone 6s models are likely to be discontinued in the coming product cycle while the iPhone 7 series and iPhone 8 series seem likely to remain as the lower-cost options in Apple's lineup, Intel should gain some share at the lower end of Apple's lineup.
Finally, while Kuo cites Intel's competitive pricing as a reason that it was able to sweep the 2018 iPhone modem orders, I think that Intel's XMM 7560 -- by virtue of its improved competitiveness compared to Intel's prior modems -- will sell for more than what the company's previous modems did. A potential increase in average selling prices could help not just Intel's revenue but profitability as well.
Uncertainty around Qualcomm's stand-alone modem business
In the near term, Qualcomm should still sell cellular modems to Apple for the older, discounted models. Qualcomm is certain to suffer a large drop in its stand-alone cellular modem sales, but sales won't go to near-zero -- yet.
Stand-alone modem sales to Apple don't make up the bulk of Qualcomm's chip revenue, but I'd imagine that the annual revenue from such chip sales to Apple is still solidly north of $1 billion (assuming 130 million chip shipments per year at an average price of $15). Losing this revenue won't cripple Qualcomm, but it'll definitely sting.
Longer term, the viability of Qualcomm's stand-alone modem business will depend on its ability to win back share at Apple, since Apple is the only major smartphone vendor left that still uses stand-alone modems.
MacRumors' dissemination of Kuo's note did contain the following tidbit: "Kuo added that it's too early to tell if Intel will be able to maintain its position of exclusivity in the future, as Apple typically prefers to diversify its supply chain. He adds that Apple may give orders to Qualcomm again in exchange for concessions in the ongoing lawsuit between the two companies."
If Qualcomm can win back orders in future iPhone models, then that'd probably be enough to keep Qualcomm's stand-alone LTE modem business going. If it can't, then I'd expect Qualcomm to reduce its investments in such chips and focus even more on building integrated cellular modem and applications processor parts.
https://finance.yahoo.com/news/intel-corp-reportedly-wins-entirety-224300617.html
I would prefer an all cash offer rather than cash plus stock; AS AN ALTERNATIVE, $12 MORE IN CASH AND THE REST IN BROADCOM SHARES. I hope that this is part of the discussions.
If it is a cash and stock buy-out, I will definitely sell my Brodcomm shres and move on.
OLDDOG967: So, if the Brosdcom 'White Knight' emerges victorious, all of this litigation may go away if Broadcom can tip toe through the legal wranglings and satisfactorily resolve some if not all the issues.
Maybe Broadcom can work a deal like Microsoft did when it acquired Nokia, including setting up reserves for contingencies past, present, and future.
It seemed to work for Microsoft (even though they wrote off nokia in the end).
JMO
Qualcomm also stated that if the merger would take place, Broadcom would lose one of their customers.
Why would they care if the shareholders no longer hold Qualcomm shares any more? The deal is $60 cash and $22 in share equivilent. If they don't want to hold Broadcom for any reason, they can sell their shares and walk away.
I plan to sell my Broadcom shares once the deal is closed. I bought QCCOM strictly for price appreciation and a quick gain when Q and Apple started their feuding.
JMO
Like I said to Mickeybritt when he kept saying IDCC is worth $200 or more in a buy-out ----
Then take cash you receive in a cash buy-out deal and put it right back into the company that bought you out. If it is worth more than the buy-out price, it would be worth more as a merged company than what it is at a stand-alone company.
Those are your choices.
jmo
Just like the 'run-up' in the Bitcoin! Up to a 52 week high of over $19,000 and now trading around $7,000. There was a group of big winners and a group of big losers.
One guess who were the big losers ? ? ?
We had the housing bubble and the dot.com bubble burst; 2018 could be classified as the bitcoin bubble! ! !
Broadcom Presents Best and Final Offer for Qualcomm of $82.00 Per Share
PR Newswire PR NewswireFebruary 5, 2018
Significantly Improved Offer Represents 50% Premium to Qualcomm's Unaffected Share Price on November 2, 2017, and 56% Premium to Qualcomm's Unaffected 30-day Volume-weighted Average Price
Offer Includes More Broadcom Stock to Provide Greater Opportunity for Qualcomm Stockholders to Share in Transaction Benefits
Broadcom Willing to Provide Regulatory Ticking Fee and Significant Reverse Termination Fee
Broadcom Also Willing to Make Strong Regulatory Commitments
Broadcom Has Fully Negotiated Committed Financing, Including Convertible Debt Financing with Silver Lake
Invites Two Qualcomm Directors, including Paul Jacobs, to Join Combined Company's Board
SAN JOSE, Calif., Feb. 5, 2018 /PRNewswire/ -- Broadcom Limited (AVGO) ("Broadcom") today announced that it has made a best and final offer to acquire all of the outstanding shares of common stock of Qualcomm Incorporated (QCOM) ("Qualcomm"). Under the terms of the offer, Qualcomm stockholders would receive an aggregate of $82.00 per each Qualcomm share, consisting of $60.00 in cash and the remainder in Broadcom shares.
The significantly improved offer, which has been unanimously approved by the Board of Directors of Broadcom, represents a 50% premium over the closing price of Qualcomm common stock on November 2, 2017, the last unaffected trading day prior to media speculation regarding a potential transaction, and a premium of 56% to Qualcomm's unaffected 30-day volume-weighted average price.
Broadcom's improved offer is premised on either Qualcomm acquiring NXP Semiconductors N.V. ("NXP") on the currently disclosed terms of $110 per NXP share or the transaction being terminated and is also premised on Qualcomm not delaying or adjourning its annual meeting past March 6, 2018.
Broadcom remains confident that the proposed transaction would be completed within approximately 12 months following the signing of a definitive agreement.
Additional details regarding the terms of the improved offer were included in a letter delivered by Broadcom to the Qualcomm board of directors. Broadcom believes this offer is vastly superior to Qualcomm's standalone prospects, with or without the closing of the NXP transaction, and remains hopeful the Qualcomm board of directors will act responsibly on behalf of Qualcomm stockholders and engage with Broadcom on this offer without further delay. The full text of the letter sent to Qualcomm is below:
February 5, 2018
Board of Directors
Qualcomm Incorporated
5775 Morehouse Drive
San Diego, CA 92121
Dear Members of the Board of Directors:
Broadcom remains committed to acquiring Qualcomm, and we write to present to you our best and final offer.
Broadcom is prepared to acquire Qualcomm for an aggregate of $82.00 per Qualcomm share, consisting of $60.00 in cash and the remainder in Broadcom shares.
Broadcom is prepared to pay a "ticking fee" providing for an increase in the cash consideration payable to Qualcomm stockholders if the transaction is not consummated by the one-year anniversary of entering into a definitive agreement.
Broadcom is prepared to pay to Qualcomm a significant "reverse termination fee" in an amount appropriate for a transaction of this size in the unlikely event we are unable to obtain required regulatory approvals.
Broadcom is willing to agree to a regulatory efforts provision that is at least as favorable as the one Qualcomm provided to NXP.
Broadcom has fully negotiated commitment papers with its financing sources in an amount sufficient to fully fund the transaction.
The Broadcom Board is prepared to invite Paul Jacobs and one other current Qualcomm director to join the combined company's board upon completion of the transaction.
Our offer is premised on the following conditions:
Either Qualcomm acquiring NXP on the currently disclosed terms of $110 per NXP share or the transaction being terminated.
Qualcomm not delaying or adjourning its annual meeting past March 6, 2018.
Broadcom's offer represents a 50% premium over the closing price of Qualcomm common stock on November 2, 2017, the last unaffected trading day prior to media speculation regarding a potential transaction, and a premium of 56% to Qualcomm's unaffected 30-day volume-weighted average price.
Our proposal includes substantially more Broadcom stock, which will allow Qualcomm stockholders a greater opportunity to participate in the upside created by the combined company's strategic and operational advantages. Broadcom's track record demonstrates our ability to consistently accelerate share price appreciation following acquisitions and indicates a substantial likelihood that we will exceed our synergies expectations.
https://finance.yahoo.com/news/broadcom-presents-best-final-offer-120000227.html
Broadcom Presents Best and Final Offer for Qualcomm of $82.00 Per Share
PR Newswire PR NewswireFebruary 5, 2018
Significantly Improved Offer Represents 50% Premium to Qualcomm's Unaffected Share Price on November 2, 2017, and 56% Premium to Qualcomm's Unaffected 30-day Volume-weighted Average Price
Offer Includes More Broadcom Stock to Provide Greater Opportunity for Qualcomm Stockholders to Share in Transaction Benefits
Broadcom Willing to Provide Regulatory Ticking Fee and Significant Reverse Termination Fee
Broadcom Also Willing to Make Strong Regulatory Commitments
Broadcom Has Fully Negotiated Committed Financing, Including Convertible Debt Financing with Silver Lake
Invites Two Qualcomm Directors, including Paul Jacobs, to Join Combined Company's Board
SAN JOSE, Calif., Feb. 5, 2018 /PRNewswire/ -- Broadcom Limited (AVGO) ("Broadcom") today announced that it has made a best and final offer to acquire all of the outstanding shares of common stock of Qualcomm Incorporated (QCOM) ("Qualcomm"). Under the terms of the offer, Qualcomm stockholders would receive an aggregate of $82.00 per each Qualcomm share, consisting of $60.00 in cash and the remainder in Broadcom shares.
The significantly improved offer, which has been unanimously approved by the Board of Directors of Broadcom, represents a 50% premium over the closing price of Qualcomm common stock on November 2, 2017, the last unaffected trading day prior to media speculation regarding a potential transaction, and a premium of 56% to Qualcomm's unaffected 30-day volume-weighted average price.
Broadcom's improved offer is premised on either Qualcomm acquiring NXP Semiconductors N.V. ("NXP") on the currently disclosed terms of $110 per NXP share or the transaction being terminated and is also premised on Qualcomm not delaying or adjourning its annual meeting past March 6, 2018.
Broadcom remains confident that the proposed transaction would be completed within approximately 12 months following the signing of a definitive agreement.
Additional details regarding the terms of the improved offer were included in a letter delivered by Broadcom to the Qualcomm board of directors. Broadcom believes this offer is vastly superior to Qualcomm's standalone prospects, with or without the closing of the NXP transaction, and remains hopeful the Qualcomm board of directors will act responsibly on behalf of Qualcomm stockholders and engage with Broadcom on this offer without further delay. The full text of the letter sent to Qualcomm is below:
February 5, 2018
Board of Directors
Qualcomm Incorporated
5775 Morehouse Drive
San Diego, CA 92121
Dear Members of the Board of Directors:
Broadcom remains committed to acquiring Qualcomm, and we write to present to you our best and final offer.
Broadcom is prepared to acquire Qualcomm for an aggregate of $82.00 per Qualcomm share, consisting of $60.00 in cash and the remainder in Broadcom shares.
Broadcom is prepared to pay a "ticking fee" providing for an increase in the cash consideration payable to Qualcomm stockholders if the transaction is not consummated by the one-year anniversary of entering into a definitive agreement.
Broadcom is prepared to pay to Qualcomm a significant "reverse termination fee" in an amount appropriate for a transaction of this size in the unlikely event we are unable to obtain required regulatory approvals.
Broadcom is willing to agree to a regulatory efforts provision that is at least as favorable as the one Qualcomm provided to NXP.
Broadcom has fully negotiated commitment papers with its financing sources in an amount sufficient to fully fund the transaction.
The Broadcom Board is prepared to invite Paul Jacobs and one other current Qualcomm director to join the combined company's board upon completion of the transaction.
Our offer is premised on the following conditions:
Either Qualcomm acquiring NXP on the currently disclosed terms of $110 per NXP share or the transaction being terminated.
Qualcomm not delaying or adjourning its annual meeting past March 6, 2018.
Broadcom's offer represents a 50% premium over the closing price of Qualcomm common stock on November 2, 2017, the last unaffected trading day prior to media speculation regarding a potential transaction, and a premium of 56% to Qualcomm's unaffected 30-day volume-weighted average price.
Our proposal includes substantially more Broadcom stock, which will allow Qualcomm stockholders a greater opportunity to participate in the upside created by the combined company's strategic and operational advantages. Broadcom's track record demonstrates our ability to consistently accelerate share price appreciation following acquisitions and indicates a substantial likelihood that we will exceed our synergies expectations.
https://finance.yahoo.com/news/broadcom-presents-best-final-offer-120000227.html
Broadcom to Raise Its Qualcomm Offer to $120B: Reports
By Daniel Liberto | Updated February 5, 2018 — 5:04 AM EST
Broadcom Ltd. (AVGO) is set to make a new and improved takeover offer for semiconductor rival Qualcomm Inc. (QCOM), people familiar with the matter told Reuters.
The sources, who because of the confidential nature of the deal asked not to be identified, believe that Broadcom will increase its bid by $15 billion to about $120 billion as early as Monday. Executives at the Irvine, California-based company reportedly met with advisers late on Sunday to put the finishing touches on the offer of $80 to $82 a share, having previously seen a bid of $70 per share rejected by Qualcomm.
The sweetened offer is also set to include a higher-than-usual breakup fee, the sources added, after Qualcomm voiced its concerns that a takeover deal would likely fail to overcome regulatory hurdles. However, the sources warned that the terms of Broadcom’s latest bid, which amounts to about a 14 percent increase on the previous one, could be changed at the last minute by the company’s CEO Hock Tan.
If the revised offer gets the go-ahead from Tan and is successful, Broadcom and Qualcomm would combine to create a market leader in semiconductors, which are used in everything from chips in mobile phones to electric vehicles. However, it’s yet to be seen whether Qualcomm will suddenly change its mind after dismissing Broadcom’s previous offer as opportunistic. (See also: Qualcomm: Increased Chance of Higher Broadcom Bid.)
After Broadcom tabled its initial $105 billion bid, Qualcomm’s board wrote a letter to investors voicing its opposition. In the letter, the board complained that Broadcom had sought to capitalize on the company’s weak share price with a lowball offer.
Qualcomm is said to be confident that the issues weighing on its share price, including a legal battle with Apple Inc. (AAPL over chip royalties, will soon be solved and that sentiment in the stock will also be boosted by the imminent launch of 5G. (See also: Apple's Hardware Partnership With Qualcomm Is Unraveling.)
For that reason, people close to the San Diego-based company told the Financial Times that Qualcomm is unlikely to be impressed by the new offer. However, the FT’s sources also added that a new potential bid worth about $80 per share could gain support from some of the company’s investors. If support is high enough, Qualcomm’s board might be forced to listen.
https://www.investopedia.com/news/broadcom-raise-its-qualcomm-offer-120b-reports/?partner=YahooSA&yptr=yahoo
WHAT IS ONE TO DO ? ----
I want a Broadcom buy out but not at the stated $70.
I want QCOM to acquire NXP and then be bought out.
I would like to see n $80 price or more on the buyout, regardless of whether Q suceeds in its buy out.
SO, I think I am waiting for the last moment to vote. Maybe things will be more clear down the road.
OLED DOWN nearly 25% from its high of $209; now sitting at $159, with another drop today of $5
Maybe like IDCC, the stock got ahead of itself and is now coming down to reality. Still in all, a very nice run-up from the 52 week low of $63.
Sure hope so -- maybe there are plans to trim the fat and result in a merger with another company. Hmmmmmmmm !! ! !
How quickly will retiree's sell their shares
Shay -- 48,300
McQuilkin -- 78,940
Hope this means 2 less people coming to the feeding bin at the end of the year. Wonder what will happen to undistributed shares -- will they stay in the pot, go to their replacements, or be distributed to those who remain!
InterDigital Announces Upcoming Executive Retirements, New Chief Licensing Officer
GlobeNewswire•January 31, 2018
WILMINGTON, Del., Jan. 31, 2018 (GLOBE NEWSWIRE) -- InterDigital, Inc. (IDCC), a mobile technology research and development company, today announced the upcoming retirement of three of its executives, as well as the appointment of Timothy J. Berghuis as Chief Licensing Officer.
The following executives have notified the company of their plans to retire in April of 2018:
Lawrence F. Shay, Senior Executive Vice President, Future Wireless, and Chief Intellectual Property Counsel – Larry Shay joined InterDigital in 2001 as Chief Legal Officer, and has served the company in progressive roles related to intellectual property and licensing, most recently as head of InterDigital’s Future Wireless business, which encompasses all cellular wireless technology research and development under InterDigital Labs as well as the company’s related licensing activities. During Mr. Shay’s tenure, InterDigital’s licensing program has become one of the premier programs in the wireless industry.
Scott A McQuilkin, Senior Executive Vice President, Innovation – Scott McQuilkin joined InterDigital as Chief Financial Officer in 2007, and in 2012 transitioned to a more senior role in leadership of external investments, technology incubation, and innovation. In that role, he has pioneered InterDigital’s external incubation strategy, diversified the company’s sources of innovation, and overseen venture investment efforts.
Dr. Byung K. Yi, Executive Vice President and Chief Technology Officer – B.K. Yi joined InterDigital in 2014. As InterDigital’s Executive Vice President and Chief Technology Officer, Dr. Yi has advised on the company’s technology direction as well as overseen the company’s Innovation Partners group and managed InterDigital’s Technical Advisory Council.
The company was also pleased to announce that licensing team member Tim Berghuis, currently Vice President, Patent Licensing and Strategy, has been elevated to the role of Chief Licensing Officer, in which he will assume responsibility for all of the company’s licensing activities. Mr. Berghuis joined InterDigital in 2001 from Motorola, and has occupied positions of increasing responsibility in the company’s licensing team. He holds a Bachelor’s in mechanical engineering from Marquette University, a Master’s in mechanical engineering from University of Illinois at Chicago, and an MBA from Northwestern University’s Kellogg School of Management.
Mr. McQuilkin’s responsibilities will be transitioned to other executives within InterDigital, and the company has begun the search for a new CTO. All three retiring executives will remain with InterDigital through at least April 1, 2018, to help ensure an orderly and successful transition of responsibilities.
“Larry, Scott and B.K. have each made tremendous contributions to the success of InterDigital, and their guidance and leadership has been invaluable in navigating the business and technology challenges of our fast-changing industry. We’re grateful for their service, and happy that they’ve agreed to help in ensuring a smooth transition,” said William J. Merritt, President and CEO of InterDigital. “We’re also very pleased to recognize the contributions of Tim Berghuis in licensing, and welcome him to his new role leading what’s rightly considered one of the top licensing programs in the industry.”
InterDigital Announces Successful Demonstration of 5G Ready mmW Wireless Crosshaul Transport
GlobeNewswire January 31, 2018
WILMINGTON, Del., Jan. 31, 2018 (GLOBE NEWSWIRE) -- InterDigital, Inc. (IDCC), a mobile technology research and development company, today announced the successful trial and evaluation of the company’s millimeter wave (mmW) EdgeLink™ 60GHz solution and Fast-Forward 70GHz solution that meets new 5G transport requirements as defined by the various 5G standardization groups in 3GPP, ETSI, IEEE, and eCPRI. The solution proved the feasibility of 5G fronthaul upper-layer and lower-layer transport over wireless.
The successful trial was a key part of a larger two-month trial integrating technology innovations from six partners in the H2020 5G-Crosshaul consortium, InterDigital, Ericsson, Nokia, UC3M, NEC and CND. The trial started in November 2017 and was conducted in Madrid (Spain) at 5TONIC, an open research and innovation lab focusing on 5G technologies. The 5G-Crosshaul consortium, over the three years 2015-2017, has developed a novel 5G integrated fronthaul/backhaul transport solution, named 5G-Crosshaul, that enables flexible transport reconfiguration via Software Defined Networking (SDN) in a multi-tenant, multi-domain environment, while meeting 5G’s stringent service requirements.
InterDigital’s EdgeLink 60GHz solution and Fast-Forward 70GHz solution served as the mmW wireless Crosshaul transport solution for the 5G fronthaul upper layer and lower layer split options, as well as for backhaul for a small cell. InterDigital’ s Fast-Forward solution proved that it can meet the stringent latency requirements of under 250 usec for the MAC-PHY lower layer split. In addition, backhaul and PDCP/RLC upper layer fronthaul were successfully transported simultaneously over a single high-capacity mmW EdgeLink connection.
“We are pleased with the successful conclusion of this 2 month trial marking the end of 3 years of close collaboration among 20 partners in the 5G-Crosshaul consortium. This is a crucial step towards further trials scheduled in 2018 and 2019, including 5G-Crosshaul alongside 5G New Radio and 5G Core Network, paving the way for the commercial deployment of 5G networks,” said Alan Carlton, Vice President, InterDigital Europe.
5G-Crosshaul is an international project with 20 members aimed at developing integrated fronthaul and backhaul system solutions to support flexibility and unified management for 5G network architectures. To learn more about the project, visit http://5g-crosshaul.eu/.
Back in the old days of International Mobile Machine Corporation (IMMC), didn't the company do something for the U S Government or one of the Military branches and got paid for it?
Maybe the US Government will foot the bill to develop 5-G and then pay all of those companies involved in the development of 5-G and the U S government will pay everyone involved when it licenses it to other companies.
Trump team weighs nationalizing 5G
Jan. 29, 2018 2:16 AM ET|By: Yoel Minkoff, SA News Editor
National security officials in the Trump administration are looking at options where the U.S. government could take over part of the country's mobile network as a way of guarding against "dominant malicious actor" China.
The report from Axios describes two options: The U.S. government pays for and builds the single network - an unprecedented nationalization of private infrastructure - and an alternative where U.S. wireless providers build their own 5G networks, which would be less commercially disruptive to the industry.
Related tickers: AMT, AVGO, CCI, CHTR, CMCSA, CSCO, ERIC, EQIX, IBM, IDCC, IDTI, INTC, JNPR, GLW, NOK, QCOM, RHT, SWKS, S, T, TMUS, TWLO, VMW, VZ, WIFI, XLNX, ZAYO
jiff: either a buyout offer from the likes of an Intel, maybe a proposal to buy by Broadcom, or exploring strategic alternatives like we had several years ago.
Qualcomm signs $2 bln sales MOUs with Lenovo, Xiaomi, vivo and OPPO
Reuters ReutersJanuary 25, 2018
(Adds context, comments from Qualcomm president)
Jan 25 (Reuters) - Qualcomm Technologies Inc has signed memorandums of understanding for sales worth at least $2 billion with top Chinese smartphone vendors, receiving vocal support from the firms as it fights an unsolicited buyout bid from Broadcom Ltd.
Lenovo Group, Guangdong OPPO Mobile Telecommunications Corp, vivo Communication Technology and Xiaomi Communications have expressed an interest in buying Qualcomm components with a total value of no less than $2 billion over three years, the U.S. chip maker said on Thursday.
The non-binding agreement will be subject to further agreements and covers technology related to RF Front-End components, Qualcomm said in a statement.
The companies announced the multi-year agreement at a Qualcomm-hosted event in Beijing attended by the U.S. firm's chairman and chief executive.
At the event representatives from the Chinese companies expressed concerns that a possible acquisition of Qualcomm by Broadcom could hurt investment in chip technology.
Broadcom in November made an unsolicited $103 billion bid for Qualcomm, which Qualcomm says undervalues it.
A potential merger would likely face regulatory scrutiny in China, where Qualcomm has been fined before over anti-trust issues and where the government is promoting local chip production.
China aims to become a dominant global chip maker by 2030 and has allocated extensive public funding to support local firms. "I was surprised about the reaction of some of those customers … but it's probably what you would expect," Qualcomm President Cristiano Amon told media.
China is currently Qualcomm's second-largest market but will soon become its top market, said Amon. (Reporting by Cate Cadell in Beijing and Subrat Patnaik in Bengaluru; Editing by Himani Sarkar and Hugh Lawson)
wASN'T IT A GROUP KNOWN AS M.E.N.S. (Motorola, Ericsson, Nokia, and Sony?
magilla, bulldzr -- my apologies. I tried to add a little humor to the board by trying to depict magilla busy with a granddaughter taking quality time out of her life with a trip to the zoo.
Sorry you may have taken it the wrong way. I meant no disrespect.
gejebr3: - please enlighten us as to why/how adding more shares sounds like more good news !
Are you saying they have an 'inside track' to what is going on in the company and are adding to their poscition?
Or maybe good news came out and that is why they added on that good news?
What you said makes no other sense to me.
Hydro -- we need some of the analysts or funds managers to raise the question on our behalf by saying why do we need the convertable debt?
Maybe at the ASM we as shareholders will get an opportunity to pin them down as to why do we need it and what is the benefits and drawbacks of having this debt.
With the boatload of cash and cash equivilents, we have a good cushion. Couldn't we go out and 'borrow' money if a great opportunity comes up that we have to have?
If I am around at the ASM, I certainly hope someone asks these questions and gets an honest, to the point answer.
Good post.
mister: Not true.
I love the company.
I love the Engineers.
I love the direction they are going into
I love the stock.
I love the dividend
I love the tech sector, owning T, VZ, QCOM, WDC, IBM, VOD, FTR, WIN, AND INTC, to name a few.
I do not like the share price sitting where it is while the market in general is up significantly
I do not like the share buyback which only manipulates the earnings per share, making it look like there is progress when in fact there is not.
I do not like the amount of cash it has on hand without distributing it to its shareholders in the form of a special dividend or an additional annual dividend based on performance and rewarding the insiders while not rewarding their shareholders equally.
I do not like the way everything is a secret when it comes to licensing and pricing.
I do not like the management's incentive plan as it rewards them despite the fact that they do nothing.
I do not like the best in class sales team as they sit on their asses and get paid when litigation has dictated signings and settlements and pricing.
I do not like the fact that they haven't signed any new licenses per se while there are hundreds of companies in the world that need and use 3-G, 4-G and soon 5-G
And last, I do not like the fact that they don't 'pump' their own company with press releases of what they are doing.
There are people who contribute on this board.
There are people who criticize on this board.
There are people who constantly pump the stock on this board.
And there are people who just lurk and watch and hope that something great happens down the road.
JMO
Obviously, if they knew the news before it hit the market, they could bring the share price down to accumulate cheaper shares and then sell them back when the news hits the market at a higher price.
I received an email alert from Scottrade about news pending. This alert came out at 3:15 pm AFTER THE MARKETS CLOSED.
the share price dropped during normal trading after being up earlier in the morning.
How have the MM's manipulated the share price in the history of IDCC just before any major bad news hit the wires? Like when IDCC lost a decision at the ITC of CAfC ? Or maybe you have forgotten!
Thanks olddog. Maybe, Just MAYBE, both the Asus and ZTE cases will be resolved by the date of the Annual Meeting, if not sooner.
It would be nice to see nothing under litigation matters for a change. It would provide certainty for the future (at least until the next dispute arises.
Thanks
olddog: So am I correct that other than Asus and ZTE, there are no other legal matters pending?
feliX: On the contrary --- the MM's knew in advance. That's why the Share Price dropped $1.30. Manipulation in its finest !
Those magical words again in the 8-K:
"....and agreed to discuss potential research and development or other technical collaboration between the parties. "