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Learning2vest

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Re: nieves post# 21551

Tuesday, 04/29/2003 9:24:08 AM

Tuesday, April 29, 2003 9:24:08 AM

Post# of 433225
Dan, thanks for pointing out the ref to IDCC in that Ericsson report. Nice to see them confirm their part of the news we got from InterDigital March 17(see the excerpt copied below). Now, if we can just get Nokia and Samsung to confirm the rest some time soon.......

"During the quarter, a patent infringement dispute with InterDigital Communications Corporation (IDC) was settled. In accordance with this settlement, Ericsson and Sony Ericsson will pay approximately USD 34 m. in royalties to IDC for past sales. For the years 2003 through 2006, Ericsson will pay an annual fee of USD 6 m. for sales of infrastructure equipment. Sony Ericsson will pay a royalty for each licensed product sold 2003 through 2006. Existing provisions for risks related to patent litigations are sufficient to cover royalties related to past sales."
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