Qualcomm Inc (QCOM)

[Raglanroadie]

"Qualcomm and Ericsson also take part in the 3G Patent Platform which has come out of the UMTS (Universal Mobile Telecommunications System) IPR working group, which was formed in February 1998 (see box) to handle the IPR concerns highlighted by standards bodies. The Platform establishes a voluntary, low cost but fair arrangement for evaluating, certifying and licensing essential patents for 3G systems. The group has agreed that the maximum cumulative royalty covering 3G essential patents in each of the product categories terminals, infrastructure, test equipment and others should be 5% of ex-works sales. The standard royalty rate for each essential patent licensed should be 0.1% of ex-works sales. The licences are to be global."

How does this reconcile with the NOK proposed 5% cap?

Do they mean essential as in Q's contribution?