The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 176.67

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Nov 12 3:59 PM EST

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To: LBstocks who wrote (5150)	1/13/2000 11:11:00 AM
From: waverider	Read Replies (1) of 13582

Could someone give me a little background on the ETRI claims. What standing do they have to file this complaint? Rick >>>Commenting on a royalty payment dispute between the company and the Electronics and Telecommunications Research Institute (ETRI), Jacobs said a decision by the International Chamber of Commerce (ICC) arbitration board could be expected around July. There had been efforts by both sides to try and reach an agreement but after the matter entered the public spotlight the ability to come to a compromise was severely restricted, according to Jacobs. The research institute submitted a request for arbitration to the ICC in Oct. 1998, alleging that Qualcomm had breached certain provisions of the Joint Development Agreement. Qualcomm should pay the institute 20 percent of the royalties it receives from PCS (personal communications service) equipment manufacturers as well as the cellular manufacturers, the institute claimed. Qualcomm contends, however, that the 20 percent payment is applicable only to cellular technology.<<<

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