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Titbit from PACER; No Big Deal
New this morning. No PDF files, just this:
Full docket text:
Set/Reset Answer Deadlines: Interdigital Communications Corporation answer due 1/27/2006; Interdigital Technology Corporation answer due 1/27/2006 per D.I. 30.(afb, )
No big deal but a new posting on PACER. It looks like the judge approved the delay in the schedule that was posted last Friday.
Full docket text:
SO ORDERED, re [30] Second STIPULATION TO EXTEND TIME to Answer the Complaint and submit a Proposed Rule 16 Scheduling Order to January 27, 2006 and February 3, 2006 filed by Interdigital Technology Corporation, Nokia Corporation, Nokia Inc., Interdigital Communications Corporation . Signed by Judge Joseph J. Farnan, Jr. on 01/23/06. (afb, )
Data:
I am trying to compare the revenue that Qualcomm receives from LG to the revenue that InterDigital will receive from LG.
If I am reading the Qualcomm 10-K correctly, it appears that Qualcomm receives about $850 million from LG.
Am I close?
http://www.investorshub.com/boards/read_msg.asp?message_id=9395997
Once I figure out how much Qualcomm receives from LG, I want to figure out how much of the LG revenue to InterDigital is related to 3G.
For example, if it's true that Qualcomm gets $850 million from LG, and $40 million of the LG revenue to InterDigital is for 3G, then InterDigital will be receiving about 5% of what Qualcomm gets. Whatever that ratio turns out to be will be an important benchmark for me.
We should have much to discuss in Carlsbad.
Ya think we would be able to get a firepit in March?
Spencer: Nokia may not be planning on addressing the issue during its conference call, but several of the analysts that cover Nokia are, IMHO, 'circling' around InterDigital.
One of those analysts may bring the royalty issue up. They have to be careful in posing a question about Nokia's confirmed liability to InterDigital because if they are perceived as favoring InterDigital they risk losing access to Nokia executives (IMHO).
But it is a legitimate issue to bring up, especially after DowJones has previewed the conference call and included this royalty dispute as a 'key issue.' It's also relevant in light of the RIMM v. NTP dispute.
I don't think Nokia will bring it up, but it may be brought up in the Q & A. If it is, I expect Nokia will have prepared a response.
Although they will probably downplay the issue, I will be listening closely. If Nokia says something conciliatory, that will be very bullish.
Here is a list of analysts that follow Nokia (from the Nokia website).
I have bolded those who, IMHO, are circling around InterDigital.
A.G. Edwards & Sons Gregory J. Teets
ABG Sundal Collier. Anders Bråtenius
ABN Amro Per Lindtorp
American Technology Research Albert Lin
Arete Brett Simpson, Richard Kramer
Argus Research James N. Kelleher
Banc of America Securities Timothy P. Long
Bayerische Hypo-und Vereinsbank Roland D. Pitz
BBVA José Ignacio Lópes Santos
Bear Stearns Wojtek Uzdelewicz
Bryan, Garnier & Co Philippe Schmitt
CDC IXIS Securities Frank Maccary
CIBC World Markets Ittai Kidron
Credit Lyonnais Alain Argile
CIC Securities Francois Duhen
Carnegie Martin Nilsson
Cazenove Edward Bell
Charter Equity Research Edward F. Snyder
Cheuvreux Peter Knox
Commerzbank James Crawshaw
Conventum Jari Honko
Credit Suisse First Boston Kulbinder Garcha, Eiji Aono
Crowell, Weedon & Co. Chris Sessing
DZ Bank AG Vidar Kalvoy
Danske Securities Poul Ernst Jessen
Deutsche Bank Inge Heydorn, Jussi Uskola
Dresdner Kleinwort Wasserstein Per Lindberg
Exane BNP Paribas Alexandre Peterc
Edward Jones T.J. Schaefer
Enskilda Mats Nyström
FIM Jussi Hyöty
Friedman, Billings, Ramsey Christopher Versace
Fulcrum Global Partners Walter Piecyk
Goldman Sachs Tim Boddy, Brantley Thompson
Grupo Santander Carlos J. Trevino
Hagströmer & Qviberg Mattias Cullin
Handelsbanken Securities Petri Arjama
Harris Nesbitt Gerard John Bucher
HSBC Philip Sparks
Ibersecurities Luis de Toledo
ING Financial Markets Eric de Graaf
Intermonte Paolo Mosole
J.J.B. Hilliard, W.L. Lyons Thomas M. Carpenter
Jefferies International Ian McLeod
JP Morgan Mark Davies-Jones
Kaupthing Paul Hansson
Lehman Brothers Stuart Jeffrey, Timothy Luke
Loop Capital Markets Ren Zamora
Mandatum Erkki Vesola
McAdams Wright Ragen Alan L. Davis
Merrill Lynch Sandeep Malhotra
Morgan Stanley Adnaan Ahmad, Peter Dionisio
Natexis Bleichroeder Philip G. Townsend
Nomura Richard Windsor
Nordea Karri Rinta
Oddo Pinatton Jean-Francois Delpech
Öhman FK Helena Nordman-Knutson
Oppenheim Research Nicolas von Stackelberg
Pacific Crest Securities James E. Faucette
Pareto Securities ASA Nils K. Lodden
Pershing LLC Richard Jack
Piper Jaffray & Co. Michael Walkley
Prudential Equity Group Inder Singh
Ragen McKenzie - Wells Fargo Jonathan S. Geurkink
Raymond James & Associates Todd K. Koffman
RBC Capital Markets Mark Sue
Sanford C. Bernstein Paul Sagawa
Schwab SoundView Matthew Hoffman
Scotia Capital Gus Papageorgiou
SG Securities Andy Perkins
Swedbank Markets Jan Ihrfelt
ThinkEquity Partners Jason Tsai
Thomas Weisel Partners Hasan Imam
UBS Warburg Jeffrey A. Schlesinger
Walton Holdings Gene Walton
Wells Fargo Securities Casey Ryan
West LB Equity Markets Thomas Langer
http://www.nokia.com/link?cid=EDITORIAL_1380
Qualcomm revenues from LG Electronics.
If I am reading this right, it looks like LG paid Qualcomm about $850 million in Qualcomm's fiscal 2005. On page 46 of Qualcomm's 2005 10-K, it seems to indicate that LG comprised 15% of Qualcomm's total revenue of $5.67 billion.
Hence, $5,670,000,000 x .15 = $850,000,000.
It will be interesting to see how InterDigital breaks out the $95 million per year from LG.
Data: Any idea how much LG pays Qualcomm in royalty payments? It may not be an 'apples to apples' comparison, but it would be interesting nonetheless.
Yep. Janet was having a good day today. She deserves it, she's been around since just after the big bubble in 1999/2000.
12b's: Not only is it possible. It's plausible; And the timing is perfect.
When Nokia recently settled with Kyocera, it settled ALL outstanding litigation.
My guess is that Nokia and InterDigital have done a fair amount of talking over the last few months. They are probabably familiar with each others positions, and it would not have taken long to come to terms once certain events took place.
My guess is that InterDigital may have disclosed the LG agreement to Nokia last week. Perhaps it will prove to be more of a watershed than we realize today.
I think I will get up early and listen to the Nokia CC on Thursday. Five a.m. PST (groan).
Dave
IDCC may be discussed in Nokia Conference Call on Thursday morning:
See 'Royalty Case' below, and link to conference call further below.
WSJ.COM/Earnings Preview: Nokia Reports Thursday
Nokia Corp. (NOK) - reports Jan. 26, before the market opens.
The Finnish cellphone maker has been doing a commendable job of bolstering its profit and world-leading market share, but the company said average selling prices will likely come in lower for the fourth quarter. It also warned of lower network-equipment sales, which account for about a fifth of total revenue.
Earnings Outlook: Analysts expect a profit of 25 European cents a share, according to Reuters Research, up from 23 cents a share in 2004's final quarter.
Revenue Outlook: Analysts expect revenue of 10.06 billion, up from 9.06 billion a year earlier.
Key Issues:
Handset trends: Amid strong overall demand, Nokia could score a nearly 22% rise to 80.4 million units sold in the fourth quarter, or about a third of the world market, according to Exane BNP Paribas analysts. Stiff competition in Europe from Samsung and Motorola could squeeze profit margins, however.
Emerging markets: India and markets in the Middle East will serve Nokia well, Russia and Latin America less spectacularly so, Exane says. A distribution expansion in China is winding down, but Nokia is bullish on the country, where it has about 380 million subscribers and a big manufacturing presence.
New gadgets: Nokia expects sales of its camera phones to top 100 million in 2005, aided by the U.S. launch of its two-megapixel N90 late in the year. Its new 770 wireless Internet tool was well-received in an online-only launch.
Royalty case: In December, a U.S. judge confirmed an award of about $250 million for InterDigital Communications in its dispute with Nokia over a 1999 licensing agreement.
See Cheat Sheet previews of other major earnings reports, at WSJ.com/Earnings
(END) Dow Jones Newswires
01-24-06 1642ET
Copyright (c) 2006 Dow Jones & Company, Inc.
Link to conference call:
http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=107224&eventID=1200070
Daniel: Here's the link to the Nokia CC:
http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=107224&eventID=1200070
Is anybody else having a hard time getting any work done?
Or is it just me.
Traded about 10% of the outstanding shares today.
This MFL business with Nokia ends after 2006. After that, as far as I am concerned, they can pay double what every other OEM pays.
In a couple years, we may look back fondly at Nokia's scorched earth policy because it will have bought them a seat at the back of the bus.
e-mail from Janet:
You pass the math quiz!
-----Original Message-----
From: Dld6049@aol.com <Dld6049@aol.com>
To: Point, Janet M. <Janet.Point@InterDigital.com>
Sent: Tue Jan 24 12:02:15 2006
Subject: Quick question
Janet,
Am I correct in assuming that InterDigital will receive a total of $285 million from LG Electronics in three equal installments of $95 million each?
There is a question on the I-Hub as to whether it's a total of $95 million, or a total of $285 million.
Thanks,
Dave Davis
Janet Point
Senior Communications and Investor Relations Officer
InterDigital Communications Corporation
781 Third Avenue
King of Prussia, PA 19406
Tel.: +1 610.878.7866
Fax: +1 610.878.7842
Email: Janet.Point@InterDigital.com
http://www.InterDigital.com
This e-mail is intended only for the use of the individual or entity to which it is addressed, and may contain information that is privileged, confidential and/or otherwise protected from disclosure to anyone other than its intended recipient. Unintended transmission shall not constitute waiver of any privilege or confidentiality obligation. If you received this communication in error, please do not review, copy or distribute it, notify me immediately by email, and delete the original message and any attachments. Unless expressly stated in this e-mail, nothing in this message or any attachment should be construed as a digital or electronic signature.
deleted
Under the terms of the patent license agreement,
LG is obligated to pay InterDigital three equal installments of $95 million, in
the first quarters of 2006, 2007, and 2008, respectively. At the end of the five
year term, LG will receive a paid-up license to sell single-mode GSM/GPRS/EDGE
terminal units under the patents included under the license.
Ellis: IMO, my hope for a settlement in Delaware and my expectation that Nokia will appeal in SDNY are mutually exclusive.
Therefore, if Nokia continues to fight in Delaware in spite of the LG agreement, it means there are not planning on settling with InterDigital.
If they are not settling, I don't see any reason why Nokia would not file a notice of appeal.
At what point do the shorts get nervous? Have we yet to see the much anticipated 'short squeeze?'
Ellis: Nothing new on PACER this morning. I am expecting to see a Notice of Appeal from Nokia in the SDNY, but I am hoping for a mutual dismissal in Delaware.
Welcome all newcomers! Here's a great post from yesterday evening from AB. Worth re-posting
Thanks, Bob (TFWG)
TC, this news is still sinking in. But, I'm getting a queasy
By: tfwg in IDCC | Recommend this post (2)
Mon, 23 Jan 06 8:15 PM
Boardmark this board | InterDigital Communications Msg. 09167 of 09175
Jump to board:
Jump to msg. #
feeling just thinking about what is going to happen next. LG is number #5/6 and they control about 7.5% of the mobile market or 60M units sold per year. At a $1 a phone, LG's annualized contribution, could be around $60M. Now, Sony/Ericsson is also about 7.5% market share, and assuming the forementioned, let's assume $60M for them too. Benq controls approx. 8.5%, so they could contribute $68M. Mot. and Sammy control about 16% each, so they will be a volume discount of say 15%, so I'd WAG a 100M[ish] for each. And then there's Nokia. I'm thinking Nokia will manage to drop IDCC to .75%, so they could contribute $175M per year. Add it up, I get a nummy north of $560M[ish] per. Subtract expenses of $125M and tax effect the net for 38% and you wind up with $300M. Divided by 57M shares outstanding, and bang, you get an EPS of 5.26!
Two interesting thoughts: this WAG does not include chippies or any other future revenue streams, and I've not added in the existing business, what PE do you put on this company? 15, 28, 40? LOL! And two, for all those screaming whinning investors who think IDCC employees are over paid. Consider this, IDCC has approx. 325 employess...just do the math!
Yep. I remember. The Telecosm.
ddutta: This post by TFWG on AB should give you some consolation:
TC, this news is still sinking in. But, I'm getting a queasy
By: tfwg in IDCC | Recommend this post (2)
Mon, 23 Jan 06 8:15 PM
Boardmark this board | InterDigital Communications Msg. 09167 of 09175
Jump to board:
Jump to msg. #
feeling just thinking about what is going to happen next. LG is number #5/6 and they control about 7.5% of the mobile market or 60M units sold per year. At a $1 a phone, LG's annualized contribution, could be around $60M. Now, Sony/Ericsson is also about 7.5% market share, and assuming the forementioned, let's assume $60M for them too. Benq controls approx. 8.5%, so they could contribute $68M. Mot. and Sammy control about 16% each, so they will be a volume discount of say 15%, so I'd WAG a 100M[ish] for each. And then there's Nokia. I'm thinking Nokia will manage to drop IDCC to .75%, so they could contribute $175M per year. Add it up, I get a nummy north of $560M[ish] per. Subtract expenses of $125M and tax effect the net for 38% and you wind up with $300M. Divided by 57M shares outstanding, and bang, you get an EPS of 5.26!
Two interesting thoughts: this WAG does not include chippies or any other future revenue streams, and I've not added in the existing business, what PE do you put on this company? 15, 28, 40? LOL! And two, for all those screaming whinning investors who think IDCC employees are over paid. Consider this, IDCC has approx. 325 employess...just do the math!
Take a look at the Feb calls at 22.50. The size of the bid to ask is 853 x 10, with the ask at $0.20.
Kind of comical.
Danny: I'm guessing Goldman Sachs...
Unless I miss my guess this is going to bring some "name" analysts out of the woodwork.
Yep. Tomorrow, today's After Hours will look like child's play.
Another crazy thought...
InterDigital has been simultaneously negotiating with Sony-Ericsson and with Nokia.
InterDigital has offered Nokia a 'special' deal: Enter into a 2G/3G license agreement with InterDigital now, and get a discount on the $250 Final Award.
However, this special deal expires this Friday, after which time InterDigital moves ahead with a 3G deal with Sony-Ericsson.
My hunch is that; if we don't get a settlement agreement with Nokia this week, we will get a 3G deal with Sony-Ericsson by mid February.
tic toc...
This is Mission Control. Houston, we have T minus 27 hours, 20 minutes and counting. All systems are 'GO.'
I Have a Dream.
Great speech. Worth a listen:
http://www.americanrhetoric.com/speeches/Ihaveadream.htm
I am happy to join with you today in what will go down in history as the greatest demonstration for freedom in the history of our nation.
Five score years ago, a great American, in whose symbolic shadow we stand today, signed the Emancipation Proclamation. This momentous decree came as a great beacon light of hope to millions of Negro slaves who had been seared in the flames of withering injustice. It came as a joyous daybreak to end the long night of their captivity.
But one hundred years later, the Negro still is not free. One hundred years later, the life of the Negro is still sadly crippled by the manacles of segregation and the chains of discrimination. One hundred years later, the Negro lives on a lonely island of poverty in the midst of a vast ocean of material prosperity. One hundred years later, the Negro is still languished in the corners of American society and finds himself an exile in his own land. And so we've come here today to dramatize a shameful condition.
In a sense we've come to our nation's capital to cash a check. When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir. This note was a promise that all men, yes, black men as well as white men, would be guaranteed the "unalienable Rights" of "Life, Liberty and the pursuit of Happiness." It is obvious today that America has defaulted on this promissory note, insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given the Negro people a bad check, a check which has come back marked "insufficient funds."
But we refuse to believe that the bank of justice is bankrupt. We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation. And so, we've come to cash this check, a check that will give us upon demand the riches of freedom and the security of justice.
We have also come to this hallowed spot to remind America of the fierce urgency of Now. This is no time to engage in the luxury of cooling off or to take the tranquilizing drug of gradualism. Now is the time to make real the promises of democracy. Now is the time to rise from the dark and desolate valley of segregation to the sunlit path of racial justice. Now is the time to lift our nation from the quicksands of racial injustice to the solid rock of brotherhood. Now is the time to make justice a reality for all of God's children.
It would be fatal for the nation to overlook the urgency of the moment. This sweltering summer of the Negro's legitimate discontent will not pass until there is an invigorating autumn of freedom and equality. Nineteen sixty-three is not an end, but a beginning. And those who hope that the Negro needed to blow off steam and will now be content will have a rude awakening if the nation returns to business as usual. And there will be neither rest nor tranquility in America until the Negro is granted his citizenship rights. The whirlwinds of revolt will continue to shake the foundations of our nation until the bright day of justice emerges.
But there is something that I must say to my people, who stand on the warm threshold which leads into the palace of justice: In the process of gaining our rightful place, we must not be guilty of wrongful deeds. Let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred. We must forever conduct our struggle on the high plane of dignity and discipline. We must not allow our creative protest to degenerate into physical violence. Again and again, we must rise to the majestic heights of meeting physical force with soul force.
The marvelous new militancy which has engulfed the Negro community must not lead us to a distrust of all white people, for many of our white brothers, as evidenced by their presence here today, have come to realize that their destiny is tied up with our destiny. And they have come to realize that their freedom is inextricably bound to our freedom.
We cannot walk alone.
And as we walk, we must make the pledge that we shall always march ahead.
We cannot turn back.
There are those who are asking the devotees of civil rights, "When will you be satisfied?" We can never be satisfied as long as the Negro is the victim of the unspeakable horrors of police brutality. We can never be satisfied as long as our bodies, heavy with the fatigue of travel, cannot gain lodging in the motels of the highways and the hotels of the cities. We cannot be satisfied as long as a Negro in Mississippi cannot vote and a Negro in New York believes he has nothing for which to vote. No, no, we are not satisfied, and we will not be satisfied until "justice rolls down like waters, and righteousness like a mighty stream."¹
I am not unmindful that some of you have come here out of great trials and tribulations. Some of you have come fresh from narrow jail cells. And some of you have come from areas where your quest -- quest for freedom left you battered by the storms of persecution and staggered by the winds of police brutality. You have been the veterans of creative suffering. Continue to work with the faith that unearned suffering is redemptive. Go back to Mississippi, go back to Alabama, go back to South Carolina, go back to Georgia, go back to Louisiana, go back to the slums and ghettos of our northern cities, knowing that somehow this situation can and will be changed.
Let us not wallow in the valley of despair, I say to you today, my friends.
And so even though we face the difficulties of today and tomorrow, I still have a dream. It is a dream deeply rooted in the American dream.
I have a dream that one day this nation will rise up and live out the true meaning of its creed: "We hold these truths to be self-evident, that all men are created equal."
I have a dream that one day on the red hills of Georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood.
I have a dream that one day even the state of Mississippi, a state sweltering with the heat of injustice, sweltering with the heat of oppression, will be transformed into an oasis of freedom and justice.
I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character.
I have a dream today!
I have a dream that one day, down in Alabama, with its vicious racists, with its governor having his lips dripping with the words of "interposition" and "nullification" -- one day right there in Alabama little black boys and black girls will be able to join hands with little white boys and white girls as sisters and brothers.
I have a dream today!
I have a dream that one day every valley shall be exalted, and every hill and mountain shall be made low, the rough places will be made plain, and the crooked places will be made straight; "and the glory of the Lord shall be revealed and all flesh shall see it together."²
This is our hope, and this is the faith that I go back to the South with.
With this faith, we will be able to hew out of the mountain of despair a stone of hope. With this faith, we will be able to transform the jangling discords of our nation into a beautiful symphony of brotherhood. With this faith, we will be able to work together, to pray together, to struggle together, to go to jail together, to stand up for freedom together, knowing that we will be free one day.
And this will be the day -- this will be the day when all of God's children will be able to sing with new meaning:
My country 'tis of thee, sweet land of liberty, of thee I sing.
Land where my fathers died, land of the Pilgrim's pride,
From every mountainside, let freedom ring!
And if America is to be a great nation, this must become true.
And so let freedom ring from the prodigious hilltops of New Hampshire.
Let freedom ring from the mighty mountains of New York.
Let freedom ring from the heightening Alleghenies of
Pennsylvania.
Let freedom ring from the snow-capped Rockies of Colorado.
Let freedom ring from the curvaceous slopes of California.
But not only that:
Let freedom ring from Stone Mountain of Georgia.
Let freedom ring from Lookout Mountain of Tennessee.
Let freedom ring from every hill and molehill of Mississippi.
From every mountainside, let freedom ring.
And when this happens, when we allow freedom ring, when we let it ring from every village and every hamlet, from every state and every city, we will be able to speed up that day when all of God's children, black men and white men, Jews and Gentiles, Protestants and Catholics, will be able to join hands and sing in the words of the old Negro spiritual:
Free at last! Free at last!
Thank God Almighty, we are free at last!³
--------------------------------------------------------------------------------
¹ Amos 5:24 (rendered precisely in The American Standard Version of the Holy Bible)
² Isaiah 40:4-5 (King James Version of the Holy Bible). Quotation marks are excluded from part of this moment in the text because King's rendering of Isaiah 40:4 does not precisely follow the KJV version from which he quotes (e.g., "hill" and "mountain" are reversed in the KJV). King's rendering of Isaiah 40:5, however, is precisely quoted from the KJV.
³ At: http://www.negrospirituals.com/news-song/free_at_last_from.htm
Also in this database: Martin Luther King, Jr: A Time to Break Silence
External Link: http://www.mlkmemorial.org/
External Link: http://www.thekingcenter.org/
Copyright Status: Audio = Used without permission. Text = Used without permission. Images of King = Used without permission. AmericanRhetoric.com does not own the copyrights to any of items on this page and has no legal authority to grant or deny permission for the use thereof. For further information on copyright permissions regarding text and audio reproductions of "I Have a Dream" see: http://www.stanford.edu/group/King/copyright/index.htm
Copyright Owner: Copyright inquiries and permission requests may be directed to:
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Jim,
Please express our gratitude to the person who provided the notes from the Needham conference.
If you happen to communicate with them, I too am interested if they heard the comment on Motorola.
Dave
Form 4 out.
I may have jumped the gun. Looks like they may have been granted.
CEO Bill Merritt discloses discussions with Motorola
It's baffling to me how people can be getting out.
The company is generally tight-lipped about ongoing negotiations. I did not hear the Needham presentation, but TFWG did a good summary on AB's. If his summary is correct, which I expect it is, then we now know that InterDigital is talking to Motorola (a named trigger) about 3G and other products.
Is anyone else excited about this? Or is it just me?
Here's Bob's summary from AB:
(Thanks Bob)
Just listened to the conference. Nothing earth shattering was said. Clearly the shareholder value drivers remain:
1) Nokia 2g payment
2) Samsung 2g payment
3) Ericy 3g license
4) S/E 3g license
5) Mot...
6) LG...
7) LU ...
and of course
Nokia 3g
Sammy 3g
10) Chips....?????
Rich mentioned:
- IDCC is a key contributor to the standards boards for 2g, 3g, 802.x, cellular, & WIMAX
- recurring roy. rev. in '98 was approx. $1m per q, today it's risen to $40M+
- IDCC is better, stronger, faster [my words], we have 4 new 3g lic., Gen. Dyn. is a WCDMA cust. [rel. 4], Phillips is HSDPA, and IFX is offering the R4 sol. layer 2/3 protocal stack
- We have a complete IP solution
- Working on HSUPA, have a processor in lab that hit 10mbps, will demo in Spain
- FUTURE GOAL: to secure revenue from every 3g unit sold.
EXPECTATIONS [per RF]: '06 is an inflection point for company [my thought, replace lost 2g rev. or sink], understand the need to license 1 or more of the top 6.
Q&A:
Not much really. UB talked about:
- Nokia and Sammy. He also revealed they are talking to MOT. on 3g and other products.
- mentioned they can still work with Nokia even while engaged in legal pissing contest.
- 2g v 3g, confirmed 2g rev. traIls off in '06/'07 [can you say 'inflection point?']. 3g patent port strong and credibile...
- TD-SCDMA in China. IDCC has many patent filings in, is in good position as/if this tech grows.
- IDCC understands certain organizations need to be encouraged to pay.
Here's to '06, TALK ABOUT BEING ALL IN!
This link should bring you to the reply:
http://www.wsw.com/webcast/needham13/idcc/
Legion:
Did you catch the comment today by Bill Merrit regarding Motorola?
delete
According to Brian Modoff at Duetch Bank, Infineon is partnering with InterDigital on a WCDMA baseband processor.
Today's PR says we are cooperating with Infineon.
Then would not today's protocol stack announced by InterDigital essentially be the return of M-Gold?
http://www.infineon.com/cgi-bin/ifx/portal/ep/contentView.do?channelId=-73838&contentId=130079&a...
Here's an Infineon presentation on baseband processors for multi-standard cell phones:
http://www.svcwireless.org/programs/seminar043005/niko.pdf
Data: So what's next regarding today's announcement on the dual mode protocol stack?
How will this translate into a new revenue stream?
Should we be looking for news of a 'design win' from some terminal unit manufacturer?
Who are some likely customers? Dell, General Motors, etc.
Inquiring minds want to know.
PR out: Complete 2G/3G Dual-Mode Protocol Stack Now Available from InterDigital; Dual-Mode Protocol Stack
Fully Interoperability Tested with GCF Certification Expected Q1 2006
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Jan. 12, 2006--
InterDigital Communications Corporation (Nasdaq:IDCC) today announced the availability of an
integrated, standards-compliant, dual-mode 2G (GSM/GPRS/EDGE) and 3G (UMTS) protocol stack for
integration into mobile terminal devices.
The complete dual-mode protocol stack is available for integration with existing dual-mode
baseband solutions. Alternatively, the single-mode 3G stack can be integrated with existing
GSM/GPRS/EDGE designs. Key features of the solution include the following items:
-- Global Certification Forum (GCF) -certified legacy 2G protocol
stack with 75 type approvals and interoperability tested by
more than 80 operators in 40 countries;
-- 2G/3G dual-mode protocol stack completed ten interoperability
tests with major equipment producers and operators;
-- 2G/3G dual-mode protocol stack GCF certification expected in
early Q1 2006;
-- High data throughput performance - customer-based
interoperability tests validated peak data rates of 384 kbps
in UMTS offerings;
-- Adaptable to future releases including UMTS Release 5
scheduled in Q1 2006 and UMTS Release 6 scheduled in the
second half of 2006;
-- Seamless handover between GSM/GPRS/EDGE and UMTS networks.
"A key initiative for us has been to create a comprehensive product offering that we can offer
to terminal unit manufacturers in a complimentary fashion with our strong patent portfolio," noted
William J. Merritt, InterDigital's President and Chief Executive Officer. "The recent licensing of
legacy GSM/GPRS/EDGE technology from Infineon Technologies AG (Infineon) completes a high value
dual-mode protocol stack that both expands the target market for our product offerings and creates
new synergistic offerings for handset licensees."
InterDigital's integrated dual-mode protocol stack is comprised of Infineon's 2G protocol stack
and the 3G protocol stack co-developed by InterDigital and Infineon. InterDigital offers full
customer support from initial integration through product introduction. To learn more about
InterDigital's technology and products, contact sales@interdigital.com.
About InterDigital
InterDigital Communications Corporation designs, develops and provides advanced wireless
technologies and products that drive voice and data communications. InterDigital is a leading
contributor to the global wireless standards and holds a strong portfolio of patented technologies
which it licenses to manufacturers of 2G, 2.5G, 3G and 802 products worldwide. Additionally, the
company offers baseband product solutions and protocol software for 3G multimode terminals and
converged devices. InterDigital's differentiated technology and product solutions deliver time-tomarket,
performance and cost benefits. For more information, please visit InterDigital's web site:
www.interdigital.com. InterDigital is a registered trademark of InterDigital.
This press release contains forward looking statements regarding the company's current beliefs,
plans and expectations as to the timing of GCF certification of the 2G/3G dual mode protocol stack,
the timing of UMTS Release 5 and UMTS Release 6 and opportunities created by our license of
Infineon's legacy technology. Forward-looking statements are subject to risks and uncertainties and
actual outcomes could differ materially from those expressed in or anticipated by such forward
looking statements due to a variety of factors including, but not limited to, availability of
resources including test vendors and Infineon's control over third parties involved in GCF
certification, unanticipated changes in future releases, technology preferences of potential
customers, and our ability to leverage product offerings with patent licensing.
Source: InterDigital Communications Corporation
News Provided by Acquire Media Corporation
Spencer: IMO, the two least motivating factors for Nokia are additional interest and bad publicity. Nokia just recently cancelled an order with a Tawainese company, which caused the company to go bankrupt.
They only care about the kind of bad publicity that might cause consumers to not buy their phones. Bad publicity about IPR royalty rates does not register with consumers.
jjff, I don't believe Nokia is motivated by paying additional interest.
I believe that Nokia views InterDigital as a pawn in its chess game with Qualcomm. IMHO, Nokia believes that the royalty rates it will pay InterDigital for 3G will be used as a multiple or as a benchmark in relation to the rates they will soon be (or are now) negotiating with Qualcomm.
In Nokia's view, it's not so much about InterDigital as it is about Qualcomm.
Notwithstanding all I have said about the appeal being a sure thing, I am very encouraged by the recent settlement between Nokia and Kyocera, and the recent court filings in the Qualcomm/Nokia dispute in Southern California.
There are lots of reasons for Nokia to settle with InterDigital, but additional interest is not high on Nokia's list.
Dave
Ranger: This is my understanding re: notice, etc.
Below is the text from the PACER file #51 from the SDNY case. Perhaps olddog can check out the Federal Rules of Appelate procedure, or maybe some of our attornies can chime in.
Dear Litigant,
Enclosed is a copy of the judgment entered in your case.
Your attention is directed to Rule 4(a)(1) of the Federal Rules of Appellate Procedure, which requires
that if you wish to appeal the judgment in your case, you must file a notice of appeal within 30 days of the
date of entry of the judgment (60 days if the United States or an officer or agency of the United States is a
party).
If you wish to appeal the judgment but for any reason you are unable to file your notice of appeal
within the required time, you may make a motion for an extension of time in accordance with the provision
of Fed. R. App. P. 4(a)(5). That rule requires you to show “excusable neglect” or “good cause” for your
failure to file your notice of appeal within the time allowed. Any such motion must first be served upon the
other parties and then filed with the Pro Se Office no later than 60 days from the date of entry of the judgment
(90 days if the United States or an officer or agency of the United States is a party).
The enclosed Forms 1, 2 and 3 cover some common situations, and you may choose to use one of
them if appropriate to your circumstances.
The Filing fee for a notice of appeal is $5.00 and the appellate docketing fee is $250.00 payable to
the “Clerk of the Court, USDC, SDNY” by certified check, money order or cash. No personal checks are
accepted.
J. Michael McMahon, Clerk of Court
by:
, Deputy Clerk