InterDigital Inc (IDCC)

[Data_Rox]

does anyone have an opinion as to when we may see the 10-K? Hopefully we'll have some assumptions clarified and blanks filled in on a number of fronts.




we need to remember that the IFX royalty to IDCC is based upon the sale of the Comneon protocol stack that is used with the baseband, not the baseband itself. Our stack development work with Comneon ended in 2008 (per the company) with the release 6 stack.

Since last Summer when Comneon announced their release 7 stack.... I've been curious as to the treatment of our arrangement with them (and thus our royalty). We've also seen recent releases from the Intel Wireless group that indicates release 8 is coming. Janet's reply on the topic last year....that you can't do release 7 without release 6 ....leaves some real room for interpretation IMO.....and is probably the point of contention.

I'm sure Intel was happy that they got their $4.6M sublicense dollars from IDCC in Q4 for the IFX 2G portion passed through in one of IDCCs recent completed projects (Beceem, CapiSemi)....but I think there will be further refinement to the ongoing compensation.

2010 revenues from Infineon should include some 46M iPhones, I think around 6M 3G iPads, Samsung Galaxy S and Tab (3GSM versions), maybe a bit of LG, Panasonic, etc.

IMO, it's not unreasonable to assume that the $9M in dispute would be from IFX's reporting in Q3 and Q4 2010 (of certain units with Release 7 stack vs release 6).....when you view the growth of the market they've been covering, and their historical revenues recorded by IDCC.


From IDCC's reporting - total revenues from Germany ....Infineon is the only one I can think of there with exception of maybe a small payment from Cinterion in Q4 of 2009

2007 - $1.255M
2008 - $6.106M
2009 - $10.393M

All JMO