InterDigital Inc (IDCC)

[thomo]

NukeJohn
let me challenge a few of your assumptions on Samsung

Before IDCC settled with Samsung in early '09, IDCC already had a bond to collect from Samsung following 2G arbitration amounting to almost $200m covering the period 2002-2005. So if they can get that much money from 2G, covering 4 years (which backs out at over $1/unit) why oh why would they settle a 10yr licensing deal (2002-2012) for just $400m? Something smells. if you back out Samsung's 2G shipments from 2002-2012 - its well over 1bn units. So was 3G given away free?

So I'd appreciate your thoughts on why you think $300m of the $400m settlement with Samsung related to 3G. On my numbers, the 3G part came for free.