InterDigital Inc (IDCC)

[nieves]

IDCC is in play!



IDCC announced that InterDigital Communications, LLC and IDCC's patent licensing subsidiaries have entered into a binding term sheet with Samsung Electronics Co., and its affiliates, including Samsung Electronics America, Inc., that resolves the outstanding arbitration issues involving Samsung's sale of 2G products, as well as the 3G patent licensing disputes for Samsung's sales of products through 2012. Under the terms of the term sheet, IDCC agreed to grant Samsung a royalty-bearing license covering Samsung's sale of all 3G products (including products built under both the WCDMA and cdma2000 standards and their related extensions) through 2012. The agreement also ended the payment disputes regarding Samsung's royalty obligations for sales of 2G products.