InterDigital Inc (IDCC)

[littleinvestor]

Which one of our existing licensees is the most "secretive" and just closed major deals in China?

I believe that the original Apple license agreement had additional clauses for per unit royalties for 3G if and when they penetrated China.

My guess is the $77 and $105 Million prepayments are from Apple for a specific period of future sales to take advantage of prepayment discounts.

The reason it was buried in the 8k is that IDCC felt they had to make this significant dollar amount public but, at the same time, respect Apple's desire to keep their business low-key.

(MY OPINION ONLY)