InvestorsHub Logo
Followers 3
Posts 333
Boards Moderated 0
Alias Born 09/03/2013

Re: Flounder55 post# 62510

Sunday, 11/29/2015 10:57:20 PM

Sunday, November 29, 2015 10:57:20 PM

Post# of 68424
According to this seeking alpha article,
ZTE is likey going to have to pay ~$100m just for damages on the 919 patent in UK only

When you factor in potential damages in USA and injunctions/damages in Brazil and Romania, it would seem crazy for ZTE to be unwilling to pay at least $300m to make everything related to VRNG go away NOW.
I'm guessing that amount jumps substantially after Kaplan rules on V's motion for sanctions.