ZTE had their chances.
I estimate V was asking for $100M retro and the $1/$.50 per smartphone/handset going forward (depending on sales) roughly $100M per year on average over the remaining life of the patents. Z probably could have negotiated to $75M plus and average of $75M per year. And, Z would have looked like a Chinese company doing the right thing in the world market.
Now, they look bad, really bad and could end up paying 3x or 4x what they could have negotiated for.
Plus, they set the terms higher for all of the other Chinese companies that need to license the same essential patents.
Huawei knows they will have to pay the same thing or get shut down in Romania, Germany, USA. Deja vu.
I hope V and Z wrap this up soon.
I am ready to see what IP V goes after next when they have $x00M in the bank and can't be bled out or manipulated by a bigger company.
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