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LTE

09/15/17 9:08 PM

#419189 RE: Gamco #419188

Gamco:

Thanks but it's a typical one sided article.

Qualcomm offered Apple a license on China's NDRC terms - they rejected.

Qualcomm offered Apple arbitration - they rejected.

And if a California jury gets to hear this, hopefully Apple will be nailed with even higher royalties:

<<We have a strong track record of establishing and defending the value of our technologies that have played an important role in enabling the entire mobile ecosystem, including the incredible smartphone experience. We have freely negotiated and entered into more than 300 license agreements over many years, including with the largest and most sophisticated companies in our industry.

The offers we have made to Apple for a direct license to QUALCOMM cellular standard essential patents are consistent with the value of our patent technologies established by these more than 300 arm’s length license agreements and are fully compliant with QUALCOMM's FRAND commitments. It is unfortunate that Apple has rejected these fair and reasonable offers.>>

seekingalpha.com

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LTE

09/15/17 9:14 PM

#419190 RE: Gamco #419188

Gamco, here's more from Qualcomm's countercomplaint:

<<184. Qualcomm first proposed arbitration several months before the
licensing negotiations resumed in earnest. During the course of the negotiations, Qualcomm made a series of offers in an attempt to find a mutually agreeable arbitration framework. Qualcomm even offered to arbitrate under the arbitration procedures endorsed by the U.S. FTC in its consent order with Google in 2013.

Consistent with the U.S. FTC’s framework, Qualcomm’s proposal did not mandate any particular valuation methodology and permitted the parties to make whatever arguments they wished to the arbitral panel. By contrast, Apple wanted to place significant constraints on what arguments the parties could raise in arbitration.

185. Qualcomm was willing to arbitrate any license for any portfolio of
patents in which Apple was interested, including the portfolio of patents for which Apple made a counteroffer.

186. But Apple refused every arbitration proposal and put forth an entirely one-sided, unreasonable proposal of its own. Apple’s arbitration proposal, like its negotiating position, required a patent-by-patent analysis and imposed other unfair or unreasonable conditions that attempted to dictate how Qualcomm must present its patents, always in ways that favored Apple. Apple’s repeated insistence on imposing unfair conditions on an arbitration, which it knew Qualcomm could not
accept, demonstrates that Apple has been angling for litigation from the outset and is, in fact, an unwilling licensee.>>
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LTE

09/15/17 9:17 PM

#419191 RE: Gamco #419188

Here's a little more:

<<115. Qualcomm denies the allegations in Paragraph 115, except states that
(i) in 2015, Qualcomm offered to license to Apple a portfolio of Qualcomm’s
Chinese 3G and 4G standard-essential patents on terms consistent with
Qualcomm’s FRAND commitments to ETSI and with the decision and order of
China’s NDRC; and (ii) Apple rejected that offer. >>