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Re: richbloem post# 9114

Wednesday, 03/31/2004 9:34:49 AM

Wednesday, March 31, 2004 9:34:49 AM

Post# of 24710
richbloem, in additions to what you said, I am bothering by the following facts that they don't want to disclose publicly:

1) <<Samsung Electronics, the world's third largest mobile phone maker, said it sold 20.4 million CDMA-based mobile phones in the domestic and overseas markets last year.

The company paid 816.5 billion won ($708 million) in royalties to Qualcomm between 1995 and late 2003, including 219.1 billion won in 2002, a South Korean lawmaker said in a parliamentary hearing last September, citing figures collected by the information ministry and from companies.>>

Based on the above information, the total revenue generated by using Qualcomm technology would have been:

816.5 billion won/.0525 = 15,552.38 billion won OR
$708 million/.0525= $13,485.71 million

2) <<LG Electronics (KSE:066570.KS - News) paid 424.3 billion won in royalties between 1995 and 2003, the lawmaker said.>>

The total revenue generated by using Qualcomm technology would have been:

424.3 billion won/.0525 = 8,081.90 billion won

Why the resulting REVENUE were not disclosed at the same time?
The reporter must have his own AGENDA, JMHO.


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