Monday, October 01, 2007 12:44:12 PM
Direct quote from a IDCC Presentation.(Prepared & Supervised speach)
Thursday, September 20, 2007 9:30 a.m. ET
InterDigital at America's Growth Capital Emerging Growth Conference
We won an arbitration award with Samsung for $134 million. We haven't collected on that." We are actually working to enforce that, "but we've been actually making quite a bit of progress."
Going out on a limb
I believe that IDCC will receive notice that the Samsung III aplication has been rejected by the ICA/ICC this week. I believe the lawyers for IDCC will forward same to the new judge and request a hearing on the confirmation motion asap.
My rationale is that Nok paid about 22 cents per unit and Samsung would be paying about 31 cents per unit. I believe this would be fair and reasonable under the industry discounting based on production. Samsung's 400 million units compared to Nokia 1.15 billion units bolsters the royalty discount.
The award in Samsung II represents a fair resolution of the dispute between the parties rendering a third arbitration unnecessary. The new Tribunal has had a full 4 months to review Samsung II and I believe they have pulled the trigger and the ICC reviewed their decision last friday. We received notices in Nok and Samsung II within a week of ICC approval in the past.
If I am wrong, I offer my apology in advance.
MO
loop
mschere
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