InterDigital Inc (IDCC)

[zombywolf]

OD, lets try to figure it out

I think you wrote a little while back that the arb decision vs
Huawei only goes back to smartphones made starting in 2013. The
numbers I found show Huawei smartphone ships in 2013 about 46 million, 2014 75 million and 2015 100 million. I dont think any
2016 ships were in the arb- need a license after the arb to get paid on any ships?

So, it looks like we are at about 220 million smartphones. They
seem to have similar, but faster growing ships as LG, which we
averaged $57MM per year when they were licensed. It is probably
a fair bet that the arb looked at that license rather than the
Apple one for some basis. That might get us a check north of
$150MM plus interest. However, I cant imagine IDCC getting more
than .60 per phone from the arb, so methinks the final check to
be like $130MM plus interest. Still falls under substantial to me.
A buck in special div to us, rest to the IDCC bank account. JMO.