Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nokia Pushes to Regain U.S. Sales in Spite of Apple and Google
Eva Persson for The New York Times
Nokia is the world’s largest maker of cellphone handsets.
By MARK LANDLER
Published: December 10, 2007
ESPOO, Finland — When Google announced plans in October to revolutionize the software of cellular phones, few were more eager to hear the details than the industry veterans at Nokia. They still are.
Skip to next paragraph
Related
Blogrunner: Reactions From Around the Web
“We’ve seen an announcement,” Nokia’s chief executive, Olli-Pekka Kallasvuo, said with more than a hint of sarcasm. “Conceptually, we could have made that announcement a long time ago.”
For a decade, Mr. Kallasvuo said in an interview here, Nokia has had its own army of software developers, writing applications for the next generation of mobile telephone services.
In the United States, at least, it has little to show for it. Although it is the largest handset maker in the world — with 39 percent of the global market of 1.1 billion phones — Nokia has languished in the American market, hurt by its refusal to adapt its strategy to the market’s idiosyncrasies.
Carriers criticized it for pushing its own technology and design. Nokia does not dispute that.
“We felt we could teach the U.S. market how we do business elsewhere, and frankly, that failed,” Mr. Kallasvuo said. “Now we just want to act, based on the needs and requirements of the market.”
As it sets out to regain its footing in the United States, Apple and Google are going after Nokia’s franchise. But in doing so, they are shaking up the wireless industry in a way that may open up the one market that has flummoxed Nokia.
Apple, with its innovative iPhone, is changing the business relationship between the handset maker and the carrier. “Apple has managed to get operators to pay a bounty for new customers signed up — that is a sea change,” said John Tysoe, an analyst with the Mobile World, a research firm in London.
Google plans to create software that will turn cellphones into the principal portal to a mobile Web. Android, Google’s open-source platform for software, aims to transform the cellphone into a pocket computer in which any number of software applications could be added to a phone just as software is added to a PC.
Nokia views Apple as the first credible entrant into its market in years, Mr. Kallasvuo said. As for Google, he said he would wait for more details before deciding whether it is a threat or an opportunity. It did not go unnoticed that Google did not ask Nokia to join its Open Handset Alliance, a 34-company group that includes Motorola, Samsung and HTC.
“It’s very clear that Apple, Google and other players are bringing in a lot of new directions,” said Mr. Kallasvuo, 54, on a rare day working at Nokia’s waterfront headquarters in a suburb of Helsinki. “Convergence is a nice, dandy word, but it means industries colliding.”
For Nokia, the cellphone’s growing role as the indispensable device in a wireless, Web-connected world ought to be a boon. It already sells half of the world’s so-called smartphones — Web-enabled devices like the iPhone, Research in Motion’s BlackBerry and Nokia’s N95.
But Nokia has an uncharacteristically weak position in the United States. It was a leader there but lost ground after failing to match popular products like Motorola’s Razr phone. Its market share, 28 percent five years ago, is now barely 10 percent.
“There’s no doubt competition is intensifying,” said Carolina Milanesi, a wireless analyst in London for Gartner, the research firm. “Nokia is responding more aggressively than any other vendor to the challenge.”
The company, which once made tires and television sets, is plunging into an array of new businesses, like music downloading and navigation. The goal is to pack its phones with multimedia services. Already, its ubiquitous camera phones make it the world’s top seller of digital cameras.
In October, Nokia paid $8.1 billion for a digital mapping and navigation software company, Navteq. It wants to use Navteq’s maps for a range of location-based services — enabling users to find a shop or a restaurant in a strange city, for example, or to bring friends together.
“Mobile phones have two qualities that PC’s don’t have,” Mr. Kallasvuo said. “They’re always with you, and they tell other people where you are.”
That might alarm people who cling to old-fashioned notions of privacy. But it is a boon for advertisers who can aim messages at increasingly specific markets. Privacy is also less of a concern for devoted users of social networking Web sites, like Facebook and MySpace. Nokia views these people, most of whom are young, as its future.
“More young people are accessing things like Facebook via their mobiles because the sites are often blocked at work,” said Mark Selby, Nokia’s vice president for multimedia services.
In its first major challenge to Apple, Nokia has announced a deal with the Universal Music Group to offer a year of unlimited free downloads of songs on its high-end phones. It will give subscribers access to Universal’s vast catalog, which ranges from Elton John to Kanye West. Nokia said little about how much it would charge or which phones would offer the service, known as “Comes With Music.”
While Nokia boasts that it has one of the word’s best-known consumer brands — in Asia, it ranks No. 1, ahead of Coca-Cola — it has put its Internet-based services under a new name, Ovi, the Finnish word for door.
Nokia has gone this route before, with little success. Club Nokia, a previous effort to sell games and ring tones directly to consumers, foundered after cellular operators in Europe refused to accommodate it. And the early signs for Ovi were not auspicious, with few operators signing up.
Recently, though, Vodafone, one of the world’s largest cellular operators, agreed to offer Ovi. In return, Nokia will split a percentage of the service revenue it makes with Vodafone; it will also manufacture a number of handsets exclusively for the operator. Analysts said the arrangement seemed tilted in Vodafone’s favor. But that may be an acceptable price for Nokia to pay, given its desire to elbow into the market for Internet-related services, which it predicts will be worth $145 billion globally by 2010.
“They’re trying to make operators understand that they’re not against them,” Ms. Milanesi of Gartner said.
There are other signs that the industry is moving in Nokia’s direction. In the United States, operators have historically played a gatekeeper role, deciding which phones their subscribers can use for what rate and then steering them toward services controlled by the operator. But Verizon Wireless recently said that it would give customers more choice in terms of phones and services — provided they use its transmission technology, CDMA, or code division multiple access.
For Verizon, Nokia has subcontracted the production of a CDMA phone to an undisclosed Asian manufacturer — a rare step for a company that prides itself on making its own products. Nokia is also working with AT&T and Sprint to design phones.
Mr. Kallasvuo, a lawyer, once ran Nokia’s North American operations. He is a regular visitor, and spends a lot of time talking to carriers.
And for the last six months, that has meant hearing a lot about the iPhone. Nokia’s executives describe their own reactions to it in flat, unemotional terms that would seem scripted, if the speakers were not Nordic.
“The user interface was what one would expect from Apple,” said Kai Oistamo, the executive vice president for mobile phones.
Apple has shipped 1.4 million iPhones since June, less than half as many shipped than Nokia’s high-end phone, the N95. Yet Mr. Oistamo concedes that success is more than a simple numbers game. “If you don’t strive to be cool, to be on the edge,” he said, “you run the risk of becoming irrelevant.”
For now, though, Nokia is counting on its broad portfolio of products, rather than a single iPhone-killer, to fend off the competition. “We’re not a one-product, two-product company,” Mr. Kallasvuo said.
http://www.nytimes.com/2007/12/10/technology/10nokia.html?_r=1&ref=business&oref=slogin
Nokia, like Apple, will seek its slice of the revenue sharing pie
Posted Dec 11th 2007 6:39AM by Thomas Ricker
The argument of the iPhone being an industry "game changer" repeatedly suffers the same pitfall: people end up arguing about the device, not the deal. Fact is, the oh-so-secretive, revenue-sharing model which Apple struck with AT&T, O2, T-Mobile, and Orange as part of their non-subsidized, carrier exclusive has changed the rules of carrier / device maker dance. Now Nokia, as you'd expect with their 40% market share, is asking for their slice of the pie. "As far as mobile phones are concerned we are sticking with our old business model," said Nokia CEO Olli-Pekka Kallasvuo, "that is, we get paid for our devices. But for providing new services we are seriously considering a shared turnover model." Hear that carriers, Nokia just put you on notice. With this and carriers now fighting to be seen as more open than their peers, well, we have a feeling that in a few years we'll barely recognize the US cartel of today.
http://www.engadget.com/
Let the healing begin.
Samsung Securities offices raided by Seoul prosecutors
Posted Nov 30th 2007 10:03AM by Paul Miller
Samsung just can't catch a break these days. The sprawling company's securities division, Samsung Securities, got a surprise visit by some Seoul prosecutors Friday morning, who were after financial documents and hard drives. Samsung's cooperating fully, and continues to claim the allegations -- which include word of a $216 million slush fund for bribing government officials -- are completely false. We're glad to see that this latest spot of the trouble with the law doesn't directly involve Samsung Electronics, and investors seem to be betting that the end result won't have much of an impact on Samsung's actual solvency as a company, but it's not like this is exactly helping the Korean giant's brand.
Nokia and Apple to clash over touchscreen cellphone patents?
Posted Nov 28th 2007 6:46AM by Thomas Ricker
Filed under: Cellphones
So by now you've heard about a little multi-touch device called the iPhone right? And you're well aware that Nokia is set to deliver their new S60 Touch Interface and likely a few new touch-screen devices sometime in 2008. Well, according to Richard Windsor, an analyst with London-based Nomura, Nokia could see "delays or holdups" in its smartphone strategy if Apple decides to unleash its army of lawyers in defense of its over 200 iPhone-related patent filings. (Note: that's "filings" not patents granted for intellectual property.) According to Mr. Windsor, "I think Apple will likely view Nokia as infringing on its user interface patents." Having said that, he further speculates that Apple and Nokia will likely end up in a settlement by 2009 in order to avoid a lengthy Qualcomm vs. Nokia battle in the courts. Of course, in a system whereby laggards and leaders attempt to gain or maintain competitive advantage through lawsuits and lobbyists rather than the innovations of their own engineers, anything goes. And yeah, we know there are a lot of ifs in there. Still, don't forget that Apple failed to defend the "look and feel" of its Mac OS in court against Microsoft back in the Windows 2.0 days, and Nokia's been making touchscreen devices for years, not months like Apple. So, lesson learned or big trouble in little Espoo, what say you? We're guessing the latter if that demonstration device (on the right) is ever released
Wed Nov 28 07:21:16 2007 IDCC has been reiterated as a market outperform
IDCC, has been reiterated by Boenning & Scattergood as a market outperform at 30.00
IDCC is "In Play"
Interdigital Comm announces Q4 guidance As mentioned at 10:13 co announces financial guidance for fourth quarter 2007. The company expects fourth quarter 2007 revenue to be in the range of approx $54.0 to $55.0 mln vs $83.2 mln consensus. This range does not include any poten ...
Form 8-K
InterDigital, Inc. - N/A
Filed: November 21, 2007 (period: November 19, 2007)
Report of unscheduled material events or corporate changes.
Table of Contents
Item 8.01. Other Events.
SIGNATURES
================================================================================
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): November 19, 2007
--------------
InterDigital, Inc.
(Exact name of registrant as specified in its charter)
Pennsylvania 1-11152 23-1882087
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
781 Third Avenue, King of Prussia, Pennsylvania 19406-1409
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 610-878-7800
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
================================================================================
Item 8.01. Other Events.
-------------
Samsung Legal Proceedings Update
--------------------------------
A. Samsung Enforcement Action
--------------------------
On November 19, 2007, the Honorable Richard J. Sullivan of the U.S.
District Court for the Southern District of New York heard oral arguments on the
outstanding motions in the enforcement action ("Enforcement Action") by
InterDigital Communications, LLC and InterDigital Technology Corporation
(collectively, "InterDigital") against Samsung Electronics Co., Ltd.
("Samsung"). The Judge indicated an opinion could be rendered before December
31, 2007.
The Enforcement Action was filed by InterDigital in September 2006 to
enforce the August 2006 final award issued by an arbitral tribunal ("Tribunal")
operating under the auspices of the International Court of Arbitration ("ICC"),
which awarded InterDigital approximately $134 million in past royalties plus
interest on Samsung's sale of single-mode 2G GSM/TDMA and 2.5G GSM/GPRS/EDGE
terminal units through 2005. The Tribunal also established the royalty rates to
be applied to Samsung's sales of covered products in 2006.
B. Samsung 3rd Arbitration
-----------------------
In October 2006, Samsung filed a request for a new ICC arbitration
proceeding (the "Samsung 3rd Arbitration") relating to the ongoing patent
royalty dispute between Samsung and InterDigital. In the Samsung 3rd
Arbitration, Samsung seeks to have a new arbitration panel determine new royalty
rates for Samsung's 2G/2.5G GSM/GPRS/EDGE product sales based on the April 2006
Nokia Settlement, which implemented the June 2005 Nokia arbitration Award. An
oral evidentiary hearing on the Nokia Settlement issue is scheduled to commence
on February 6, 2008.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
INTERDIGITAL, INC.
By: /s/ Lawrence F. Shay
-----------------------------------------
Lawrence F. Shay
Chief Legal Officer and Government Affairs
Date: November 21, 2007
</TEXT>
</DOCUMENT>
_______________________________________________
Created by 10KWizard www.10KWizard.comSource: InterDigital, Inc., 8
China Unicom wants iPhone, too?
Posted Nov 14th 2007 8:01AM by Thomas Ricker
Filed under: Cellphones, Portable Audio, Portable Video
If Steve Jobs dreams of anything other than cubes or the The Beatles on iTunes, it's this: China's largest carriers in a tussle for rights to sell the iPhone. We're talking about a population of some 1 billion-strong who favor BlackBerrys for their sound quality and good looks. In an apparent response to the reported talks between China Mobile and Apple, Li Zhehgmao, executive director and vice president of rival China Unicom is quoted by Dow Jones as saying, "It seems that iPhone is hot in some markets. We are willing to discuss with Apple." Direct talks with Apple, however, have not begun. Mind you, those same remarks were captured somewhat differently by Reuters. They quote Li Zhehgmao as saying, "Right now, we don't have any plans to introduce Apple's iPhones in China. But of course, we're always willing to discuss a good business opportunity if it presents itself. As for whether we'll talk about iPhones with Apple, you'll have to ask Apple." Still, given that the talks have just begun, it's doubtful that Apple will reach a deal similar to those struck in Europe and the US any time soon. Wouldn't it be interesting though, if Apple released the iPhone in China before Meizu's M8 MiniOne clone ever hit the streets?
You know why it was deleted.eom
By: tfwg IDCC Foolish Forecast: InterDigital at the Tipping Point
Mon, 29 Oct 07 11:51 AM
Foolish Forecast: InterDigital at the Tipping Point
By Dave Mock October 29, 2007
0
Recommendations
It's time for wireless-technology developer and Motley Fool Stock Advisor recommendation InterDigital Communications (Nasdaq: IDCC) to call in with its third-quarter earnings on Wednesday. We'll call ahead, though, and mull over what's expected from the company.
What analysts say:
Buy, sell, or waffle? A small contingent of six Wall Street analysts follows InterDigital, with five of them rating the stock a buy, while one recommends holding. In our Motley Fool CAPS investor database, more than 709 of our 70,000 total users have rated the stock. Overall, it gets a big thumbs-up with a five-star rating, the highest possible.
Revenue. On average, analysts look for revenue to come in 17% below the same quarter last year at $56 million.
Earnings. The average analyst expects earnings of $0.10 per share for the quarter.
What management says:
InterDigital knows that investors like to see stable, ongoing revenue streams, not erratic, one-time payments. For this reason, management has been ardent in pointing out a growing base of recurring revenues from InterDigital's base of licensees, particularly from newer, third-generation (3G) technologies. In the past quarter, Chief Financial Officer Scott McQuilkin commented, "...We expect solid recurring royalties in the third quarter 2007 from our diverse base of licensees as the sales of 3G products by our licensees continue to grow."
What management does:
Looking beyond the effect of the huge, $253 million gain from a Nokia (NYSE: NOK) settlement mostly recognized in the second quarter of 2006, the most recent quarter still shows solid margins, although net margins have declined because of increased investments in R&D.
Margins
03/06
06/06
09/06
12/06
03/07
06/07
Gross
73.1%
88.4%
89.2%
89.4%
88.7%
76%%
Operating
21.9%
66.9%
68.7%
70%%
68.5%
34.2%
Net
38.2%
53.7%
54.8%
46.9%
46.3%
21.6%
All data courtesy of Capital IQ, a division of Standard & Poor's. Data reflects trailing-12-month performance for the quarters ended in the named months.
One Fool says:
Both InterDigital and fellow technology licensor Qualcomm (Nasdaq: QCOM) have made a lot of money off patented wireless inventions in second-generation (or 2G) technologies. But companies such as Nokia, Samsung, and Broadcom (Nasdaq: BRCM) don't want to write any more fat checks to these companies for the 3G technologies now spreading globally. Dozens of lawsuits and trade complaints are pending, including a case Nokia is currently arguing against InterDigital in Great Britain.
But InterDigital has shown some strong momentum in its licensing business by securing recent deals with Apple (Nasdaq: AAPL) and Research In Motion (Nasdaq: RIMM). Both agreements cover 3G devices globally, including future iPhones and the latest Blackberries, giving InterDigital a strong argument against license holdouts like Nokia that the market has validated the contributions of its innovations.
More Foolishness:
InterDigital Makes Blackberry Jam
Companies You Should Buy Right Now
InterDigital Picking From Apple's Tree
Get the best of the Fool delivered to your inbox every Friday -- for free!
Your Email:
InterDigital is one of dozens of stocks recommended to Motley Fool Stock Advisor subscribers. To see all the stocks that have helped Tom and David Gardner thrash the market by 43 points on average, take a free 30-day trial.
Fool contributor Dave Mock is often reminded that gravity is non-negotiable. He owns shares of Qualcomm and is the author of The Qualcomm Equation. The Fool's disclosure policy leaps tall buildings in a single bound.
By: Eneerg1 in IDCC The original scheme as of 2002 appears to be for MENS to financially destroy Interdigital by remaining collectively non-licensed. Their publicly unexpressed concern is Baby Qualcomm would grow up, and command a counterpart IPR structure as had Qualcomm. More importantly, Interdigital became a primary target due both to the growing 3G patent portfolio, including the 3G engine and transmission embedded in first NEC 3G phones highlighted by laser at one of the ASM's.
"All for one and one for all" appears to be the MENS motto which has prevailed since 2002. Interdigital has stayed the course, unwilling to date to bow to pressures behind the scenes to reduce 3G IPR royalties amenable to MENS. While many may disagree with my IPR price fixing assessment, anyway you twist it, MENS constitutes a plurality mobile wireless monopoly, who are in the process of executing an overt price fixing scheme using the courts. Any semblance of blessing by DOJ and EU with respect to agreement for the concept of a cumulative royalty cap should not be construed as approval for MENS to sell 3G mobile devices containing unlicensed Interdigital patented intellectual property.
Joel West concludes..."Thus, they have been pushing for years to change the rules for UMTS royalties in two ways. First, they want value to be determined by their patent counting proposal (rejected by Qualcomm) that argues that Qualcomm’s patent royalties should be proportionate to its share of the UMTS IPR. Second, they want total royalties should be capped at 5% so more buyer money ends up in the hands of cell phone makers. (Nokia claims its total UMTS IPR costs are less than 3%, but — as with all cell phone IPR royalties — the real figures are not public). "
MENS stands to collectively benefit from whatever 3G IPR percentage NOK and SAM can claw away from Interdigital. Ericsson and Motorola equally stand to benefit. Ramifications of MENS cross-licensing looms large in this regard. Was MENS licensing avoidance with Interdigital a contingency while NOK goes on the attack, including Lanham?
In one corner of the ring stands tiny Interdigital, who pioneered wideband in the Samsung BCDMA alliance with IDCC in 1996, with a total payment of $35m. In the other, Nokia and Samsung, who control over 50% of global mobile device sales.
While far outweighed, the knockout will occur at the point the ALJ concludes any given patent punch thrown by feisty Interdigital draws first blood. Odds are high that neither Nok or Sam or operator backers are willing to repeat the ITC beating Qualcomm sustained from Broadcom. Sooner or later MENS will come to the realization a prize fighter never quits.
http://sdtelecom.blogspot.com/2007/04/all-quiet-on-western-front.html
C'mon guys....calm down.
ot:Steve Jobs confirms native iPhone SDK by February
By AppleInsider Staff
Published: 11:00 AM EST
In a new posting to Apple.com's Hot News webpage, chief executive Steve Jobs has confirmed plans to release a software developer's kit (SDK) for iPhone by February that will allow developers to write native applications for the touch-screen handset as well as the iPod touch.
Related AppleInsider articles:
Apple working on improvements to Web-based...
Apple not opposed to native iPhone app...
Apple sets two iPhone limit; says stores will...
iPhone to feature glass surface, 8 hours of...
iPhone to support third-party Web 2.0...
Here's an unedited copy of Jobs' note from the Apple Hot News page:
Third Party Applications on the iPhone
Let me just say it: We want native third party applications on the iPhone, and we plan to have an SDK in developers’ hands in February. We are excited about creating a vibrant third party developer community around the iPhone and enabling hundreds of new applications for our users. With our revolutionary multi-touch interface, powerful hardware and advanced software architecture, we believe we have created the best mobile platform ever for developers.
It will take until February to release an SDK because we’re trying to do two diametrically opposed things at once—provide an advanced and open platform to developers while at the same time protect iPhone users from viruses, malware, privacy attacks, etc. This is no easy task. Some claim that viruses and malware are not a problem on mobile phones—this is simply not true. There have been serious viruses on other mobile phones already, including some that silently spread from phone to phone over the cell network. As our phones become more powerful, these malicious programs will become more dangerous. And since the iPhone is the most advanced phone ever, it will be a highly visible target.
Some companies are already taking action. Nokia, for example, is not allowing any applications to be loaded onto some of their newest phones unless they have a digital signature that can be traced back to a known developer. While this makes such a phone less than “totally open,” we believe it is a step in the right direction. We are working on an advanced system which will offer developers broad access to natively program the iPhone’s amazing software platform while at the same time protecting users from malicious programs.
We think a few months of patience now will be rewarded by many years of great third party applications running on safe and reliable iPhones.
Steve
P.S.: The SDK will also allow developers to create applications for iPod touch. [Oct 17, 2007]
OT:Stocks seesaw after mixed retail-sales reports
Wal-Mart's profit forecast had bumped up stocks
NEW YORK - Stocks soared and bond prices fell Thursday after Wal-Mart Stores Inc. raised its profit forecast and several other retailers managed to put up better-than-expected sales.
While overall monthly sales reports were sluggish, Wall Street appeared relieved that some retailers were able to extract stronger sales even as consumers face uncertainty about the economy, higher fuel prices and, in large portions of the country, unseasonably warm weather.
Wall Street views robust consumer spending, which accounts for about two-thirds of economic activity, as crucial for holding up the economy.
The latest government economic reports also appeared to please investors. New readings showed a steeper-than-expected drop in the U.S. trade deficit and a decline in weekly unemployment claims.
Wall Street's gains Thursday vaulted the Dow Jones industrial average and the Standard & Poor's 500 index into record trading highs early in Thursday's session.
"Expectations have gotten very low on the Street and I think there are signs that we're in a bull market right now because bad news is interpreted as good news and good news is being interpreted as really good news," said Nicholas Raich, director of research at National City Private Client Group in Cleveland.
In early afternoon trading, the Dow rose and set a new trading high of 14,197. The blue chip index, after finishing lower Wednesday, passed its earlier trading high of 14,166.97 and a record close of 14,164.53, set Tuesday.
Broader stock indicators also rose. The Standard & Poor's 500 index advanced to a new trading high of 1,576; its previous trading high was 1,565.42. It also surpassed the record close of 1,565.15 it had on Tuesday
The Nasdaq composite index, which has touched nearly seven-year highs in recent sessions, also advanced.
Bonds fell sharply following the economic data, with the yield on the benchmark 10-year Treasury note rising late Wednesday. The dollar was mixed against other major currencies, while gold prices rose.
Light, sweet crude rose on the New York Mercantile Exchange after the government reported an unexpected drop in crude oil inventories and a surprise increase in refinery activity and in gasoline and heating oil supplies.
Stocks of energy companies rose Thursday as is often the case when oil prices move higher. However, recent months have brought tighter margins for oil producers as gas prices haven't kept pace with the run-up in oil. The moves in prices means that while it costs companies more to acquire the oil, they're fetching less for the gasoline they produce.
Exxon Mobil Corp. rose, while ConnocoPhillips gained.
Corporate news seemed to draw much of investors' attention Thursday. Raich contends investors' expectations for overall profit growth at companies are now too low for the third quarter.
"People were just focusing on the homebuilders and the financials. When you're going to look at the overall makeup of the S&P 500, 40-50 percent of profits come from overseas sales where economies are stronger," he said.
In economic news, the U.S. trade deficit fell to its lowest level in seven months — a much better reading than Wall Street expected — amid record sales of American products. Several high-profile recalls dented imports from China.
The Commerce Department said the deficit declined to $57.6 billion in August, down 2.4 percent from the July imbalance.
Exports rose 0.4 percent to a record $138.3 billion, while imports dropped by 0.4 percent to $195.9 billion.
A weakening dollar makes U.S. exports more competitive abroad.
Meanwhile, the number of newly laid off workers seeking unemployment benefits dropped last week, a better showing than Wall Street had expected. Labor Department figures showed applications for jobless benefits fell by 12,000 to 308,000 last week, rather than staying flat as had been expected.
Looking at the economy, Federal Reserve Governor Randall Kroszner said in prepared remarks for a speech Thursday that the central bank's decision to cut short-term interest rates by a larger-than-expected half percentage point was expected to be "appropriate to offset the effects of tighter financial conditions on the economic outlook."
While overall retail sales reports were sluggish, Wall Street cheered Wal-Mart's announcement. The world's largest retailer raised its third-quarter profit forecast even after reporting its same-store sales, or sales at stores open at least a year, rose a weaker-than-expected 1.4 percent in September.
Wal-Mart, the biggest advancer among the 30 stocks that make up the Dow industrials, jumped.
TJX Companies Inc. rose after the parent of the T.J. Maxx and Marshalls chains turned in a 2 percent increase in its September same-store sales.
J.C. Penney Corp., fell after cutting its third-quarter profit forecast after the department store operator turned in same-store sales figures that fell well short of Wall Street's expectations.
Aeropostale Inc., the teen apparel retailer, turned in a gain rather than a decline in same store sales as Wall Street had expected. the stock rose.
PepsiCo, the world's second-largest soft drink maker, reported its third-quarter earnings rose 17 percent amid double-digit growth in international sales. The stock, which is up nearly 20 percent for the year, fell.
Medtronic Inc. rose after its drug-coated stent Endeavor moved past a big regulatory hurdle as a panel of government experts recommended the Food and Drug Administration approve the artery-opening device.
Shares of General Motors Corp. hit a 52-week high in their first day of trading after union members ratified a new contract with the automaker.
Advancing issues outnumbered decliners by about 2 to 1 on the New York Stock Exchange.
The Russell 2000 index of smaller companies rose.
Overseas, Japan's Nikkei stock average closed up 1.64 percent after a rating agency upgraded the country's debt. Stocks in Europe also rose amid upbeat sentiment about access to credit and after Telefonica SA, the Spanish telecommunications company, said it would pay a one euro dividend. In afternoon trading, Britain's FTSE 100 rose, Germany's DAX index advanced, and France's CAC-40 rose.
IDCC is "In Play"
Interdigital Comm signs RIMM to worldwide 3G patent license
Briefing.com - October 11, 2007 1:04 PM ET
Co announces that, on Oct 8, 2007, its cos, InterDigital Technology Corporation, Tantivy Communications, and IPR Licensing (collectively, "InterDigital"), entered into an Amendment of the existing Patent License Agreement between ITC and Research In Motion Limited (RIMM). Under the terms of the Amendment, InterDigital and RIMM have extended the term of the Patent License Agreement through December 31, 2012 and also expanded the scope of their non-exclusive, worldwide, royalty-bearing Patent License Agreement to cover 3G products. "This 3G patent license with RIM is another validation of the strength of our global licensing program," said William J. Merritt, President and Chief Executive Officer of InterDigital. "Our success in licensing our patented inventions across a broad range of mobile wireless products and manufacturers affirms the value of our patents, and the competitive importance of our technology for the mobile wireless market."
Q and Nok are red also.
Form POS AMInterDigital, Inc. - N/AFiled: September 28, 2007 (period: )Post-effective amendment to an S-Type filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Post-Effective Amendment No. 1 (No. 33-60711)
Post-Effective Amendment No. 1 (No. 333-02345)
Post-Effective Amendment No. 1 (No. 333-85692)
Post-Effective Amendment No. 1 (No. 33-44689)
Post-Effective Amendment No. 1 (No. 33-47388)
to
FORM S-3
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
INTERDIGITAL, INC.
(Exact Name of Registrant as Specified in its Charter)
Pennsylvania 23-1882087
(State or Other Jurisdictionof Incorporation) (I.R.S. EmployerIdentification Number)
781 Third Avenue
King of Prussia, PA 19406-1409
(Address of Principal Executive Offices)
(610) 878-7800
(Registrant’s telephone number, including area code)
Lawrence F. Shay, Chief Legal Officer and Government Affairs
InterDigital, Inc.
781 Third Avenue
King of Prussia, Pennsylvania 19406-1409
(610) 878-7800
(Name and Address, including Zip Code, and Telephone Number, including Area Code of Agent For Service)
If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. ¨
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box. ¨
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act of 1933, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act of 1933, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
If this Form is a registration statement pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box. ¨
If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.D. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following box. ¨
EXPLANATORY NOTE
InterDigital, Inc., a Pennsylvania corporation (the “Registrant” or “Company”), files this Post-Effective Amendment to the Registration Statements on Form S-3 (this “Amendment”) as the successor registrant to InterDigital Communications Corporation (“Predecessor Registrant”), in accordance with Rule 414 under the Securities Act of 1933, as amended (the “Securities Act”). This Amendment is a result of Predecessor Registrant engaging in a holding company reorganization.
Pursuant to an Agreement and Plan of Merger dated July 2, 2007 (the “Merger Agreement”), by and among Predecessor Registrant, Registrant and ID Merger Company, a Pennsylvania corporation (the “Merger Sub”), Predecessor Registrant reorganized into a holding company structure whereby Registrant became a holding company as the sole shareholder of Predecessor Registrant. The holding company organizational structure was effected by a merger pursuant to Section 1924(b)(4) of the Pennsylvania Business Corporation Law of 1988, as amended, which provides for the formation of a holding company structure without a vote of shareholders (the “Merger”).
Immediately prior to the Merger, Registrant was a direct, wholly-owned subsidiary of Predecessor Registrant and Merger Sub was a direct, wholly-owned subsidiary of Registrant. In the Merger, Merger Sub merged with and into Predecessor Registrant, with Predecessor Registrant constituting the surviving corporation. Registrant and Merger Sub were organized for the sole purpose of implementing the holding company reorganization.
In accordance with the terms of the Merger Agreement, each outstanding share of Predecessor Registrant’s common stock, par value $0.01 per share (the “Predecessor Registrant Common Stock”), was converted into one share of Registrant common stock, par value $0.01 per share (the “Registrant Common Stock”). As a result of the Merger, each shareholder of Predecessor Registrant Common Stock became a holder of Registrant Common Stock evidencing the same proportional interests in Registrant and having the same designations, rights and preferences and qualifications, limitations and restrictions as those securities that such shareholder held in Predecessor Registrant.
This Post-Effective Amendment to Form S-3 pertains to the adoption by Registrant of the following Registration Statements (collectively, the “Registration Statements”):
-2-
i. Registration Statement No. 33-60711;
ii. Registration Statement No. 333-02345;
iii. Registration Statement No. 333-85692;
iv. Registration Statement No. 33-44689; and
v. Registration Statement No. 33-47388.
In accordance with Rule 414 under the Securities Act, Registrant, as the successor registrant to Predecessor Registrant, hereby expressly adopts the Registration Statements as its own for all purposes of the Securities Act and the Securities Exchange Act of 1934, as amended. Registration fees were paid at the time of filing the original Registration Statements.
-3-
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Company certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Post-Effective Amendment No. 1 (No. 33-60711), Post-Effective Amendment No. 1 (No. 333-02345), Post-Effective Amendment No. 1 (No. 333-85692), Post-Effective Amendment No. 1 (No. 33-44689) and Post-Effective Amendment No. 1 (No. 33-47388) to be signed on its behalf by the undersigned, thereunto duly authorized, in King of Prussia, Commonwealth of Pennsylvania, on September 4, 2007.
INTERDIGITAL, INC.
By: /s/ William J. Merritt
William J. Merritt
President and Chief Executive Officer
-4-
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each individual whose signature appears below constitutes and appoints William J. Merritt his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement on Form S-3, and to file the same, with all exhibits thereto and other documents in connection therewith, with the United States Securities and Exchange Commission granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent or his substitute, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, these Post-Effective Amendments have been signed by the following persons in the capacities and on the date indicated.
/s/ D. Ridgely Bolgiano /s/ Harry G. Campagna
Name: D. Ridgely Bolgiano Name: Harry G. Campagna
Title: Director Title: Chairman of the Board of Directors
Date: September 4, 2007 Date: September 4, 2007
/s/ Steven T. Clontz /s/ Edward B. Kamins
Name: Steven T. Clontz Name: Edward B. Kamins
Title: Director Title: Director
Date: September 4, 2007 Date: September 4, 2007
/s/ Robert S. Roath /s/ Robert W. Shaner
Name: Robert S. Roath Name: Robert W. Shaner
Title: Director Title: Director
Date: September 4, 2007 Date: September 4, 2007
/s/ William J. Merritt /s/ Scott A. McQuilkin
Name: William J. Merritt Name: Scott A. McQuilkin
Title: Director, President and Chief Executive Officer Title: Chief Financial Officer
Date: September 4, 2007 Date: September 4, 2007
-5-
_______________________________________________
Created by 10KWizard www.10KWizard.comSource: InterDigital, Inc., POS AM, September 28, 2007
Form S-8 POSInterDigital, Inc. - N/AFiled: September 28, 2007 (period: )Post-effective amendment to an S-8 filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Post-Effective Amendment No. 2 (No. 333-94553)
Post-Effective Amendment No. 1 (No. 33-32888)
Post-Effective Amendment No. 1 (No. 33-43253)
Post-Effective Amendment No. 2 (No. 33-53388)
Post-Effective Amendment No. 2 (No. 33-53660)
Post-Effective Amendment No. 1 (No. 33-88248)
Post-Effective Amendment No. 2 (No. 33-89920)
Post-Effective Amendment No. 2 (No. 33-89922)
Post-Effective Amendment No. 1 (No. 333-63276)
Post-Effective Amendment No. 2 (No. 33-61021)
Post-Effective Amendment No. 1 (No. 333-96781)
Post-Effective Amendment No. 1 (No. 333-85560)
Post-Effective Amendment No. 1 (No. 333-56412)
Post-Effective Amendment No. 1 (No. 333-66626)
Post-Effective Amendment No. 1 (No. 33-60964)
to
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
INTERDIGITAL, INC.
(Exact Name of Registrant as Specified in Charter)
Pennsylvania 23-1882087
(State or Other Jurisdictionof Incorporation) (I.R.S. EmployerIdentification Number)
781 Third Avenue
King of Prussia, PA 19406-1409
(Address of Principal Executive Offices)
(610) 878-7800
(Registrant’s telephone number, including area code)
Non-Qualified Stock Option Plan
Incentive Stock Option Plan
1992 Non-Qualified Stock Option Plan
1992 Incentive Stock Option Plan
1992 Employee Stock Option Plan
1995 Stock Option Plan for Employees and Outside Directors
Employee Stock Purchase Plan
1997 Stock Option Plan for Non-Employee Directors
1999 Restricted Stock Plan
2000 Stock Award and Incentive Plan
2002 Stock Award and Incentive Plan
Savings and Protection Plan
(Full Titles of the Plans)
Lawrence F. Shay, Chief Legal Officer and Government Affairs
InterDigital, Inc.
781 Third Avenue
King of Prussia, Pennsylvania 19406-1409
(610) 878-7800
(Name and Address, including Zip Code, and Telephone Number, including Area Code of Agent For Service)
EXPLANATORY NOTE
InterDigital, Inc., a Pennsylvania corporation (the “Registrant” or “Company”), files this Post-Effective Amendment to the Registration Statements on Form S-8 (this “Amendment”) as the successor registrant to InterDigital Communications Corporation (“Predecessor Registrant”), in accordance with Rule 414 under the Securities Act of 1933, as amended (the “Securities Act”). This Amendment is a result of Predecessor Registrant engaging in a holding company reorganization.
Pursuant to an Agreement and Plan of Merger dated July 2, 2007 (the “Merger Agreement”), by and among Predecessor Registrant, Registrant and ID Merger Company, a Pennsylvania corporation (the “Merger Sub”), Predecessor Registrant reorganized into a holding company structure whereby Registrant became a holding company as the sole shareholder of Predecessor Registrant. The holding company organizational structure was effected by a merger pursuant to Section 1924(b)(4) of the Pennsylvania Business Corporation Law of 1988, as amended, which provides for the formation of a holding company structure without a vote of shareholders (the “Merger”).
Immediately prior to the Merger, Registrant was a direct, wholly-owned subsidiary of Predecessor Registrant and Merger Sub was a direct, wholly-owned subsidiary of Registrant. In the Merger, Merger Sub merged with and into Predecessor Registrant, with Predecessor Registrant constituting the surviving corporation. Registrant and Merger Sub were organized for the sole purpose of implementing the holding company reorganization.
In accordance with the terms of the Merger Agreement, each outstanding share of Predecessor Registrant’s common stock, par value $0.01 per share (the “Predecessor Registrant Common Stock”), was converted into one share of Registrant common stock, par value $0.01 per share (the “Registrant Common Stock”). As a result of the Merger, each shareholder of Predecessor Registrant became a holder of Registrant Common Stock evidencing the same proportional interests in Registrant and having the same designations, rights and preferences and qualifications, limitations and restrictions as those securities that such shareholder held in Predecessor Registrant.
In addition, as part of the Merger, Registrant has assumed all of Predecessor Registrant’s obligations under the following plans (the “Compensation Plans”):
• Non-Qualified Stock Option Plan,
• Incentive Stock Option Plan,
• 1992 Non-Qualified Stock Option Plan,
• 1992 Incentive Stock Option Plan,
• 1992 Employee Stock Option Plan,
• 1995 Stock Option Plan for Employees and Outside Directors,
• Employee Stock Purchase Plan,
• 1997 Stock Option Plan for Non-Employee Directors,
• 1999 Restricted Stock Plan,
• 2000 Stock Award and Incentive Plan,
• 2002 Stock Award and Incentive Plan, and
• InterDigital Savings and Protection Plan.
Each outstanding option to purchase Predecessor Registrant Common Stock and each other right to receive Predecessor Registrant Common Stock under the Compensation Plans will convert into an option to purchase or right to receive the same number of shares of Registrant Common Stock, with the same rights and conditions as the corresponding Predecessor Registrant option and other rights to receive Predecessor Registrant Common Stock under the Compensation Plans prior to the Merger.
This Post-Effective Amendment to Form S-8 pertains to the adoption by Registrant of the following Registration Statements (collectively, the “Registration Statements”):
-2-
i. No. 333-94553 originally covering 1,500,000 shares of common stock (1997 Stock Option Plan for Non-Employee Directors);
ii. No. 33-32888 originally covering 2,400,000 shares of common stock (Non-Qualified Stock Option Plan and Incentive Stock Option Plan);
iii. No. 33-43253 originally covering 2,650,000 shares of common stock (Non-Qualified Stock Option Plan and Incentive Stock Option Plan);
iv. No. 33-53388 originally covering 2,035,600 shares of common stock (1992 Non-Qualified Stock Option Plan);
v. No. 33-53660 originally covering 600,000 shares of common stock (1992 Incentive Stock Option Plan);
vi. No. 33-88248 originally covering 500,000 shares of common stock (1992 Employee Stock Option Plan);
vii. No. 33-89920 originally covering 1,500,000 shares of common stock (1992 Employee Stock Option Plan);
viii. No. 33-89922 originally covering 750,000 shares of common stock (Non-Qualified Stock Option Plan);
ix. No. 333-63276 originally covering 3,500,000 shares of common stock (1999 Restricted Stock Plan);
x. No. 33-61021 originally covering 4,000,000 shares of common stock (1995 Employee Stock Option Plan);
xi. No. 333-96781 originally covering 1,000,000 shares of common stock (Employee Stock Purchase Plan);
xii. No. 33-60964 originally covering 1,000,000 shares of common stock (Employee Stock Purchase Plan);
xiii. No. 333-85560 originally covering 1,500,000 shares of common stock (2002 Stock Award and Incentive Program);
xiv. No. 333-56412 originally covering 7,374,103 shares of common stock (2000 Stock Award and Incentive Plan); and
xv. No. 333-66626 originally covering 400,000 shares of common stock (Savings and Protection Plan).
In accordance with Rule 414 under the Securities Act, Registrant, as the successor registrant to Predecessor Registrant, hereby expressly adopts the Registration Statements as its own for all purposes of the Securities Act and the Securities Exchange Act of 1934, as amended. Registration fees were paid at the time of filing the original Registration Statements.
-3-
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing this Post-Effective Amendment No. 2 (No. 333- 94553), Post-Effective Amendment No. 1 (No. 33-32888), Post-Effective Amendment No. 1 (No. 33-43253), Post-Effective Amendment No. 2 (No. 33-53388), Post-Effective Amendment No. 2 (No. 33-53660), Post-Effective Amendment No. 1 (No. 33-88248), Post-Effective Amendment No. 2 (No. 33-89920), Post-Effective Amendment No. 2 (No. 33-89922), Post-Effective Amendment No. 1 (No. 333-63276), Post-Effective Amendment No. 2 (No. 33-61021), Post-Effective Amendment No. 1 (No. 333-96781), Post-Effective Amendment No. 1 (No. 333-85560), Post-Effective Amendment No. 1 (No. 333-56412), Post-Effective Amendment No. 1 (No. 333-66626) and Post-Effective Amendment No. 1 (No. 33-60964) to Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in King of Prussia, Commonwealth of Pennsylvania, on September 4, 2007.
INTERDIGITAL, INC.
By: /s/ William J. Merritt
William J. Merritt
President and Chief Executive Officer
-4-
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each individual whose signature appears below constitutes and appoints William J. Merritt his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement on Form S-8, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent or his substitute, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, these Post-Effective Amendments have been signed by the following persons in the capacities and on the date indicated.
/s/ D. Ridgely Bolgiano /s/ Harry G. Campagna
Name: D. Ridgely Bolgiano Name: Harry G. Campagna
Title: Director Title: Chairman of the Board of Directors
Date: September 4, 2007 Date: September 4, 2007
/s/ Steven T. Clontz /s/ Edward B. Kamins
Name: Steven T. Clontz Name: Edward B. Kamins
Title: Director Title: Director
Date: September 4, 2007 Date: September 4, 2007
/s/ Robert S. Roath /s/ Robert W. Shaner
Name: Robert S. Roath Name: Robert W. Shaner
Title: Director Title: Director
Date: September 4, 2007 Date: September 4, 2007
/s/ William J. Merritt /s/ Scott A. McQuilkin
Name: William J. Merritt Name: Scott A. McQuilkin
Title: Director, President and Chief Executive Officer Title: Chief Financial Officer
Date: September 4, 2007 Date: September 4, 2007
-5-
Pursuant to the requirements of the Securities Act of 1933, as amended, the Plan Administrator of the InterDigital Savings and Protection Plan has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in King of Prussia, Commonwealth of Pennsylvania on September 4, 2007.
INTERDIGITAL SAVINGS AND PROTECTION PLAN
/s/ William J. Merritt
By: InterDigital, Inc. as Plan Administrator
Name: William J. Merritt
Title: President and Chief Executive Officer
-6-
_______________________________________________
Created by 10KWizard www.10KWizard.comSource: InterDigital, Inc., S-8 POS, September 28, 2007
sigh...c'mon guys!
ot:Federal Reserve cuts interest rates a half-point to 4.75 percent
Report claims iPhone will go 3G, gain GPS in early 2008
By AppleInsider Staff
Published: 10:10 AM EST
Related AppleInsider articles:
Jobs says Apple won't offer refunds to early...
Multi-touch video iPods to arrive in August -...
iPhone to feature glass surface, 8 hours of...
Apple may introduce iPhone developer kit at...
CORRECTED: Jobs talks iPhone at "D" conference
A new report claims that Apple is already aligning component suppliers for a major iPhone overhaul due early next year that will package, among other things, support for faster 3G networks.
The rumor, which was accompanied by claims that the handset would also include features like global positioning for navigation services (GPS), was reported Monday by The Street.com, which has little to no track record in predicting Apple's future business moves.
The claims also arrive in stark contrast to comments made by Apple chief executive Steve Jobs early Tuesday morning regarding a timeframe for an Apple-branded 3G handset.
While introducing the iPhone for UK customers, Jobs was asked by reporters about his firm's decision to forgo 3G access in the version of the iPhone that will be made available in the region later this November.
"[3G] chipsets work well apart from power. They're real power hogs. Most phones now have battery lives of 2 to 3 hours and that's due to these very power-hungry 3G chipsets," he explained. "[iPhone] has 8 hours of talktime life. That's really important when you start to use the Internet and want to use the phone to listen to music. We've got to see the battery lives for 3G get back up into the 5+ hour range. Hopefully we'll see that late next year."
Nevertheless, The Street believes the 3G iPhone will arrive "sometime in the first quarter" of 2008 and include assisted GPS chips from Broadcom's Global Locate unit and power amplifiers from TriQuint.
http://www.appleinsider.com/articles/07/09/18/report_claims_iphone_will_go_3g_gain_gps_in_early_2008...
Ok guys.....take a deep breath.
Form 4InterDigital, Inc. - N/AFiled: September 14, 2007 (period: September 12, 2007)Statement of changes in beneficial ownership of securities
FORM 4 ¨ Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVALOMB Number: 3235-0287Expires: January 31, 2008Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person * CAMPAGNA HARRY G 2. Issuer Name and Ticker or Trading Symbol InterDigital, Inc. (IDCC) 5. Relationship of Reporting Person(s) to Issuer(Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give _____ Other (specify title below) below)
(Last) (First) (Middle) 781 THIRD AVENUE 3. Date of Earliest Transaction (Month/Day/Year) 09/12/2007
(Street) KING OF PRUSSIA, PA 19406-1409 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Join/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3) 2. Transaction Date (Month / Day / Year) 2A. Deemed Execution Date, if any (Month / Day / Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (1) 09/12/2007 M 55,000 A $ 5.4375 243,000 D
Common Stock 09/12/2007 S 55,000 (2) D $ 23.0033 188,000 D
Common Stock (1) 09/13/2007 M 55,000 A $ 5.4375 243,000 D
Common Stock 09/13/2007 S 55,000 (2) D $ 22.2104 188,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month / Day / Year) 3A. Deemed Execution Date, if any (Month / Day / Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (Month / Day / Year) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Right-to-Buy) $ 5.4375 09/12/2007 M 55,000 (3) 09/22/2007 Common Stock 55,000 $ 0 55,000 D
Options (Right-to-Buy) $ 5.4375 09/13/2007 M 55,000 (3) 09/22/2007 Common Stock 55,000 $ 0 0 D
Explanation of Responses:
1. InterDigital, Inc., a Pennsylvania corporation, is the successor company to the former Pennsylvania corporation named InterDigital Communications Corporation.
2. The sales of Common Stock reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2006.
3. A grant of 110,000 options awarded to the Reporting Person on 09/22/1997, and which vested as follows: 18,333 options on each of 09/22/1997, 03/22/1998, 09/22/1998, 03/22/1999, and 18,334 options on each of 09/22/1999 and 03/22/2000.
/s/ Rebecca Bridgeford Opher, Attorney-In-Fact for Harry G. Campagna 09/14/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
_______________________________________________
Created by 10KWizard www.10KWizard.comSource
come on guys....behave.
EE Times: Semi News
3G version of the iPhone imminent, says analyst
John Walko
EE Times Europe
(09/11/2007 8:24 AM EDT)
LONDON — There is no doubt a 3G version of Apple's iPhone is in the wings and it could be announced soon, according to wireless chip and DSP sector analyst Will Strauss of Forward Concepts.
There is also speculation that Apple will announce the Wideband-CDMA 3G capable version of the phone when it finally reveals which operators it has chosen for the European launch of the handset.
An announcement is expected imminently, and could come as soon as this week.
Whether the iPhone's 3G baseband chip would also include the higher-speed HSDPA capability for the next release is uncertain, according to Strauss.
"We have, however, confirmed that Infineon Technologies is producing UMTS baseband chips for at least two cellphone companies, and Infineon is also the only non-captive source for WCDMA/UMTS transceiver chips — and also the biggest producer of GSM/GPRS transceivers, with a third of the world market last year — said Strauss.
Infineon (Munich, Germany) already supplies the EDGE baseband and associated RF transceiver for the existing 2G version of the iPhone that is being sold in the U.S through AT&T Wireless.
Strauss also suggests that there is significant Intellectual Property from InterDigital Communications in the 3G iPhone baseband chip likely to be manufactured by Infineon.
He notes that last week Interdigital, Inc. (IDCC) and its subsidiaries (including InterDigital Communications LLC) signed a worldwide, non-transferable, non-exclusive, fixed-fee royalty-bearing patent license agreement with Apple.
Under the seven-year license agreement, InterDigital granted a license to Apple under InterDigital's patent portfolio covering "the current iPhone and certain future mobile phones, if any."
Meanwhile, it seems certain that Vodafone has lost out, probably to Telefonica subsidiary O2, for the rights to distribute the iPhone in the U.K.
On Monday (Sept. 10), Vodafone launched an unlimited music download service dubbed MusicStation, trying to steal Apple's thunder in Europe about the music playing capabilities of the iPhone. MusicStation has a library of over 1 million tracks from the major music publishers and will be available for download to about 75 percent of Vodafone's current handsets.
Also over the weekend, in an interview with the Sunday Times Vodafone CEO Arun Sarin, referring to the existing iPhone, said: "It's a 2G phone, not 3G. When it's a broadband phone we will be interested in carrying it."
The speculation still persists that France Telecom subsidiary Orange will win the rights to sell the iPhone ѿ whether 2G or 3G capable at launch — in France, while T-Mobile will get the nod in Germany.
All European operators will, however and unusually, have to share revenues of as much as 10 percent with Apple for both voice and data usage.
http://www.eetimes.com/news/semi/showArticle.jhtml?articleID=201805434
First Albany Capital raised its estimates on InterDigital Communications Corp. after the company signed a patent license agreement with Apple. 2007 estimates increase to 54 cents on $236.3 million from 50 cents on $232.4 million. 2008 estimates increase to 87 cents on $245.4 million from 77 cents on $237.4 million.
http://rcrnews.com/apps/pbcs.dll/article?AID=/20070912/FREE/70912001/1003
Apple's deal with InterDigital all but guarantees 3G iPhone
By Justin Berka | Published: September 11, 2007 - 09:53AM CT
Although we still don't know for sure if it exists or when it might be coming, the probability of a 3G iPhone has been pegged as quite high for some time now. Apple has been silent as usual, but once in a while, a detail or two slips out that provides insight into the future. Usually the tidbits are in patent applications, but news of a licensing agreement between Apple and a company called InterDigital also offers us some information, particularly about the number and direction of future iPhones.
InterDigital markets a wide variety of mobile phone technologies, most of which are reportedly covered by the licensing agreement. Specifically mentioned are "technologies encompassing bandwidth allocation, roaming, and power efficiency controls," analyst Michael Ciarmoli told Reuters, all of which should be useful to Apple. InterDigital is also a fairly big name when it comes to 3G technologies, which provides further evidence of the iPhone's eventual migration in that direction. And hey, if the battery life is a bit better in the future, maybe this licensing agreement will mean a few less lawsuits for Apple.
In many ways, the length of the licensing agreement is more notable than the technologies it covers. The deal is apparently for seven years, and has InterDigital receiving $2 million per quarter for the length of the agreement. The new technology means that iPhone improvements are certain to be coming soon, and the seven-year deal means that we might see quite a few revisions of the iPhone in the future. Actually, at that point the product will probably have moved on to a whole different moniker, but at least we'll have 3G...
From other board:spoke to janet
By: teecee Mon, 10 Sep 07 12:08 PM
Boardmark this board | InterDigital Communications Msg. 21236 of 21236
they can neither confirm nor deny anything when it comes to aaple...not to me...not to carpenter...nor anyone else....THEY ARE QUITE PLEASED W/ THIS CONTRACT...she did say that we do have other licensees that are watching!!!!!
Apple licenses InterDigital tech, presumably for 3G iPhone
Posted Sep 9th 2007 8:36PM by Ryan Block
Filed under: Cellphones, Wireless
InterDigital, a wireless technology firm better known around these parts for its imbroglios with Samsung and Nokia than any specific technological contributions, has apparently penned a seven year licensing deal with Apple, said to be worth some $56 million. Not that there was any doubt about Apple eventually releasing a 3G iPhone, but one analyst noted that "the deal covers various 2G and 3G cellular technologies", which is always an encouraging thing to hear. Of course, it's still anyone's guess as to when that device might appear, but after this week's price drop brouhaha, we think Apple might not be rushing to something else that might arouse the ire of its first adopter crowd.
Tags: apple, interdigital, iphone
http://www.engadget.com/2007/09/09/apple-licenses-interdigital-tech-presumably-for-3g-iphone/
to infinite_q
By: lastchoice in IDCC | Recommend this post (0)
Fri, 07 Sep 07 12:45 PM
Jump to board:
Jump to msg. #
idcc recognized 2m since apple sold many units into the channel. when apple sells the products, idcc gets to recognize. apple sold huge numbers of products in the first couple of days, and att also sold many. however, everything sold to att would have been recognized by apple when they were accepted by att...
Apple Stores sell 7 times as many iPhones per day as AT&T
By Jacqui Cheng | Published: September 04, 2007 - 03:00PM CT
iPhones are flying off the shelves in Apple Stores when compared to AT&T stores, according to new research notes by Piper Jaffray. The notes, as seen by AppleInsider, detail Piper Jaffray analyst Gene Munster's 50-hour-long trials and tribulations of counting iPhone sales at various Apple Stores across the nation.
This included visits to flagship stores on both coasts (AI does forget to note that there is one flagship store in Chicago, however!) and several regular old stores in the Midwest. Based on his calculations, Munster concluded that each Apple Store sells roughly 21 iPhones per day on average—not mind-blowing, but not shabby either. However, when compared to the numbers from AT&T's store, 21 per day certainly looks pretty good: AT&T averaged about 21 per week, according to analyst Mike Walkley's calculations.
The difference not only highlights the obvious brand recognition that Apple enjoys with the iPhone (and AT&T... not so much), but the fact that the Apple Stores just plain carry a better consumer experience when it comes to this product. The launch of the iPhone made this pretty obvious: while people at Apple Stores were walking in, purchasing iPhones, and walking out in something like five minutes a pop (and doing so multiple customers at a time), AT&T stores were known for taking 15+ minutes per person, one at a time, in order to give customers credit checks in advance of activation, among other things.
Of course, the iPhone is apparently doing pretty well despite AT&T's falterings in this department. Reports circulated today about iSuppli's July sales data of the device as compared to other mobile phones, which showed that the iPhone outsold all other smartphones during its first full month of sales. Piper Jaffray expects that Apple will have no problem meeting its sales target of 1 million iPhones sold by the end of the quarter, and actually expects the company to exceed that goal by some 74,000 units or so.
Apple store iPhone sales outshine AT&T by seven to one
By Prince McLean
Published: 02:00 PM EST
The average Apple retail store sells as many iPhones in a single day as most AT&T retail stores sell in an entire week, say a team of analysts for investment research firm Piper Jaffray.
Related AppleInsider articles:
Analyst weighs in on Apple's rev-share...
iPhone metrics to be focus of Apple quarterly...
Apple iMac makeover appears ripe for summer,...
Piper Jaffray weighs in on iPod sales, new...
Strong shuffle demand could help Apple...
In their latest round of channel checks, Sr. Analyst Gene Munster and fellow Wireless Analyst Mike Walkley spent a considerable amount of time counting the number of iPhones leaving Apple and AT&T retail stores across the country.
Munster, who in a research note Tuesday said he spent 50 total hours at various Apple retail stores counting sales of the iPhone in two-hour intervals, reported that each Apple retail store sells an average of 21 iPhones per day. Paling in comparison were AT&T's stores which, according to Walkley's checks, sold just 21 iPhones per week.
Based on the pair's findings, Munster said Apple will likely hit its stated sales goal of 730,000 iPhones during the current September quarter ending the 29th, and may even sell as many as 804,000 units.
"We are in a unique position with iPhone channel checks, as the phone is only being sold in the U.S. at Apple and AT&T retail outlets, and Apple's online store," Munster explained. "Thus, we believe our checks accurately capture the market trends in the quarter."
For his part, Munster said his checks were roughly weighted between Apple's flagship stores (on the east and west coasts) and regular stores (in the Midwest). Given the average units sold in each two-hour period, he then extrapolated to a daily count using the average 11-hour retail day (10 a.m. to 9 p.m.).
Finally, the analyst took a weighted daily average for flagship stores and regular stores -- using 15 flagships (8 percent) and the remaining regular-sized stores (92 percent) -- for a final number of 21 iPhones per day at the average Apple store.
Using the same weighted average of flagship stores and regular stores, Munster -- who was also tracking Mac sales -- found that the average Apple retail store sells 55 Macs per day.
"This number implies 866,000 units from Apple retail stores; assuming another 17.4 percent of total Mac sales come from the Apple online store, and another 47 percent are sold through indirect channels, our estimates now suggest 2.0 million units for the September quarter," he wrote. "We note that this data should be supplemented with additional data, as the Mac channel is not as clean as the current iPhone channel, and we have no data with which we can compare our checks."
Munster maintained his Outperform rating on shares of Apple with a 12-month price target of $211 per share.
ot:To all iPhone customers:
I have received hundreds of emails from iPhone customers who are upset about Apple dropping the price of iPhone by $200 two months after it went on sale. After reading every one of these emails, I have some observations and conclusions.
First, I am sure that we are making the correct decision to lower the price of the 8GB iPhone from $599 to $399, and that now is the right time to do it. iPhone is a breakthrough product, and we have the chance to 'go for it' this holiday season. iPhone is so far ahead of the competition, and now it will be affordable by even more customers. It benefits both Apple and every iPhone user to get as many new customers as possible in the iPhone 'tent'. We strongly believe the $399 price will help us do just that this holiday season.
Second, being in technology for 30+ years I can attest to the fact that the technology road is bumpy. There is always change and improvement, and there is always someone who bought a product before a particular cutoff date and misses the new price or the new operating system or the new whatever. This is life in the technology lane. If you always wait for the next price cut or to buy the new improved model, you'll never buy any technology product because there is always something better and less expensive on the horizon. The good news is that if you buy products from companies that support them well, like Apple tries to do, you will receive years of useful and satisfying service from them even as newer models are introduced.
Third, even though we are making the right decision to lower the price of iPhone, and even though the technology road is bumpy, we need to do a better job taking care of our early iPhone customers as we aggressively go after new ones with a lower price. Our early customers trusted us, and we must live up to that trust with our actions in moments like these.
Therefore, we have decided to offer every iPhone customer who purchased an iPhone from either Apple or AT&T, and who is not receiving a rebate or any other consideration, a $100 store credit towards the purchase of any product at an Apple Retail Store or the Apple Online Store. Details are still being worked out and will be posted on Apple's website next week. Stay tuned.
We want to do the right thing for our valued iPhone customers. We apologize for disappointing some of you, and we are doing our best to live up to your high expectations of Apple.
Steve Jobs
Apple CEO
Nokia soliciting ITC's help in barring US Qualcomm chip imports
Posted Aug 17th 2007 2:03PM by Darren Murph
Filed under: Cellphones
In the case that simply seems to never end, Nokia and Qualcomm are at each other's throats yet again, and yes, it's still over those darned GSM / WCDMA and CDMA2000 chipsets. The latest development involves Nokia asking the US International Trade Commission to "bar the import of some Qualcomm chipsets to the United States, alleging that they are infringing five Nokia patents." Of note, it was stated that the ongoing battle
http://www.engadget.com/
speaking of green....
Tue Aug 14 11:31:57 2007 IDCC is "In Play"
Interdigital Comm sees Q3 revs of $53.5-54.5 mln (consensus $55.49 mln) This range does not include any potential impact from new agreements that may be signed during third quarter 2007 or additional royalties identified in audits regularly conducted by the company.
Piper upgraded shares on valuation but remains cautious
By: tfwg in IDCC | Recommend this post (0)
Thu, 09 Aug 07 9:45 AM
News Breaks
August 9, 2007
07:12 EDT IDCC theflyonthewall.com: Follow-up: InterDigital-IDCC upgraded to Market Perform from Underperform@PIPR
Piper upgraded shares on valuation but remains cautious as they believe significant 3G license agreements could take longer than expected to finalize. :theflyonthewall.com
06:18 EDT IDCC theflyonthewall.com: InterDigital-IDCC upgraded to Market Perform from Underperform@PIPR
Quanta lands orders for new Apple iPhone model - report
By Prince McLean
Published: 01:00 PM EST
Quanta Computer Inc., one of Taiwan's leading mobile phone manufacturers, has acquired assembly orders from Apple Inc. for a new variant of iPhone due later this year, according to the Taiwan Economic News.
Without citing sources, the Far Eastern publication said PCB (printed circuit board) manufacturers are preparing to ship Apple component materials for a "mass production" ramp that will target availability of the new handsets for the fourth quarter of 2007.
"There is a rumor that Quanta has obtained orders for Apple's new models of iPhone cellphones," the report explains. "But Quanta and relevant firms are keeping [a] low profile as they are restricted from releasing any information under the business privacy terms reached with Apple."
The report by the Taiwan Economic News arrives on the heels of similar claims made by Commercial Times back in May. According to that report, Quanta was said to have received an initial order for five million iPhones from Apple with shipments to begin in September of this year, making it the second contract maker for the iPhone behind Foxconn.
"The iPhone produced by Foxconn is designated for the US market, and those manufactured by Quanta will be similar in function to those from Foxconn but with a different outer design to fit different markets," the report said.
Recently, reputable sources have told AppleInsider to expect a second iPhone model to arrive ahead of the holiday shopping season.
Apple plans cheaper, Nano-based phone
Chang said follow to iPhone could be priced at $300 or lower
Updated: 4:52 p.m. ET July 9, 2007
Apple plans to launch a cheaper version of the iPhone in the fourth quarter that could be based on the ultra-slim iPod Nano music player, according to a JP Morgan report.
Kevin Chang, a JP Morgan analyst based in Taiwan, cited people in the supply channel that he did not name and an application with the U.S. Patent and Trademark office for his report.
Apple filed a patent application document that refers to a multifunctional handheld device with a circular touch pad control, similar to the Nano’s scroll wheel.
Apple did not respond to requests for comment.
Long lines of people turned out on June 29 when U.S. sales began for the iPhone, a mobile phone with a music player and Web browser. Analysts have estimated that sales in the first weekend were as high as 700,000 units.
Chang said a way to follow up the iPhone with a cheaper version would be to convert the Nano into a phone and price it at $300 or lower. The iPhone sells for $500 and $600, depending on storage space.
“We believe that iPod Nano will be converted into a phone because it’s probably the only way for Apple to launch a lower end phone without severely cannibalizing iPod Nano,” he said noting that the new phone could have “rather limited functionality.”
Because of the anticipated lower price, 2008 sales of 30 million to 40 million units “is achievable,” Chang said.
This would be a much larger volume than is expected of the first iPhone, Apple has targeted sales of 10 million units in 2008, which would give it a 1 percent share of the global market.
i
Sales of the iPhone are expected to be limited to a small percentage of the market due to its high price tag, particularly in the United States where 85 percent of consumers tend to spend $100 or less on cell phones.
But analysts predict that a cheaper phone from Apple, which leads the digital music player market, could pose a much bigger threat to long-established phone makers such as Nokia, Motorola, Samsung Electronics and Sony Ericsson, owned by Sony and Ericsson.
Copyright 2007 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters.
iPhone video teardown reveals Samsung, Intel, Balda design wins
By Prince McLean
Published: 01:00 PM EST
Semiconductor Insights, a firm specializing in technical investigation of circuit design and process innovations, has compiled the first known video teardown of Apple Inc.'s iPhone, revealing major design wins by the likes of Samsung, Intel and Balda.
"Apple has packaged three parts with their own markings, and six more that seem to have Apple-style part numbering and other manufacturer markings," said Greg Quirk, Technical Marketing Manager at Semiconductor Insights. What is also interesting, he said, are the components that are similar between the iPhone and some of the latest iPod models.
NAND flash
For example, the 8GB iPhone employs Samsung's 65-nanometer 8-Gbyte MLC NAND flash. "This is the exact same component that was used in the 8-Gbyte iPod nano," the analyst said. "This memory is used to store things like songs, pictures, and videos." Similarly, the 4GB version of the iPhone uses the same 4GB NAND flash chip as the 4GB iPod nano.
NOR and RF
Handling the Apple handset's code execution for call functionality is an Intel wireless flash chip with 32 Megabits of NOR coupled with 16 Megabits of SRAM. The iPhone also sports three RF components: there's an Apple-branded part that has Infineon die markings. This could be the transceiver, according to SI, as the iPhone's baseband processor is the Infineon PMB8876 S-Gold 2 multimedia engine with advanced EDGE functionality. Rounding out the RF chips is the Marvell 88W8686 (a is a 90-nm Wireless LAN device) and a CSR BlueCore 4 ROM (a Bluetooth component also used in the BlackBerry Pearl 8100).
Apple-branded components
The iPhone's central processor is one of the components that features Apple package markings, but by decamping the device SI was able to identify it as a Samsung chip (as was exclusively reported by AppleInsider back in January), which features a three stacked die package containing the S5L8900 processor and two 512 Mbit SRAM dies.
Another Apple-branded part is the Broadcom BCM5973A. While there is no additional information available on the chip, SI estimates that it provides the I/O controller used for the video interface to the touch screen. The third Apple-branded part is said be designed by Philips, but unfortunately the die markings made it difficult for the firm to determine its origin.
iPhone's audio codec is reported to be the Wolfson WM8758, which is the same codec used in Apple's current iPod video. This means users should get the same sound quality as they would experience from their iPod, according to Quirk. Meanwhile, the power amplifier is reportedly supplied by Skyworks, a similar part to the one used in the Motorola RAZR V3x.
Of all the iPhone component suppliers, Balda, a German company, is reported to have scored the biggest design win with the touch screen. "Balda is known for making touch screen that are durable and scratch resistant, a common complaint of the screen in iPods," said Quirk. "Balda has worked with Nokia, Motorola and Sony-Ericsson, but this is their most visible design win that we're aware of, which could help them get further recognition in the LCD industry."
Watch the video teardown and view pictures of the iPhone logicboard, below:
Watch the video teardown
http://www.appleinsider.com/articles/07/07/02/iphone_video_teardown_reveals_samsung_intel_balda_desi...
[ 6 Comments ] [ Tell a Friend ] [ Print ] [ Story Link ]