Wednesday, September 06, 2006 5:00:51 PM
After thought..Time is of the essence for Samsung to not Breach their 2G License and settle with IDCC for 3G..
Samsung's royalty obligations under Samsung's patent license agreement with InterDigital for sales of single-mode 2G GSM/TDMA and 2.5G GSM/GPRS/EDGE terminal units made after 2006 will be fully paid-up after Samsung pays royalties for sales of covered products sold through 2006.
The Award requires Samsung to promptly pay amounts due, net of an
approximate $6 million prepayment credit. In addition, the company
estimates Samsung's interest obligation to be in the range of $11
million to $13 million.
Samsung's royalty obligations under Samsung's patent license agreement with InterDigital for sales of single-mode 2G GSM/TDMA and 2.5G GSM/GPRS/EDGE terminal units made after 2006 will be fully paid-up after Samsung pays royalties for sales of covered products sold through 2006.
The Award requires Samsung to promptly pay amounts due, net of an
approximate $6 million prepayment credit. In addition, the company
estimates Samsung's interest obligation to be in the range of $11
million to $13 million.
mschere
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