Replies to post #9114 on Qualcomm Inc (QCOM)

[moonster99]

RE: "Khemara, my feelings are bring it on. I am tired of the Korean manufacturers bitching about their rates and using the media to do it. "

I feel this is an individual reporter stirring things up, not the companies.

As far as I know, the royalty issue with Koreans was resolved a few years ago when IJ offered them the same rates as China and no one went far it.

[khemara_qc]

richbloem, in additions to what you said, I am bothering by the following facts that they don't want to disclose publicly:

1) <<Samsung Electronics, the world's third largest mobile phone maker, said it sold 20.4 million CDMA-based mobile phones in the domestic and overseas markets last year.

The company paid 816.5 billion won ($708 million) in royalties to Qualcomm between 1995 and late 2003, including 219.1 billion won in 2002, a South Korean lawmaker said in a parliamentary hearing last September, citing figures collected by the information ministry and from companies.>>

Based on the above information, the total revenue generated by using Qualcomm technology would have been:

816.5 billion won/.0525 = 15,552.38 billion won OR
$708 million/.0525= $13,485.71 million

2) <<LG Electronics (KSE:066570.KS - News) paid 424.3 billion won in royalties between 1995 and 2003, the lawmaker said.>>

The total revenue generated by using Qualcomm technology would have been:

424.3 billion won/.0525 = 8,081.90 billion won

Why the resulting REVENUE were not disclosed at the same time?
The reporter must have his own AGENDA, JMHO.