Saturday, May 20, 2006 2:41:55 PM
mschere: While it is true the the current LG PLA does not cover unlimited 3G sales, any additional royalty will only occur under specific circumstances. Except in regard to CDMA 2000 infrastructure (see PLA article 2.4) there is no so called "threshold" amount in the PLA. In addition, while Article III of the license is titled "LICENSE FEE AND ADDITIONAL ROYALTY", when you read the article you will see that the only additional royalty is if LG acquires other terminal unit businesses.
IMO:This indicates to THIS Investor that LG's $285 Million is not for an UNLIMITED amount of 3G sales through the anniversary date of their 5 Year 3G license.
IMO:This indicates to THIS Investor that LG's $285 Million is not for an UNLIMITED amount of 3G sales through the anniversary date of their 5 Year 3G license.
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