SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 175.25+0.6%Dec 19 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: sbfm6/26/2006 5:25:54 PM
  Read Replies (1) of 197011
 
It has been implied by some, and expressed by others, that the issue of licensing fees led NOK to terminate the JV with Sanyo.

But NOK's press release did not say that:

"Nokia decided not to pursue its earlier plan as it concluded the terms and conditions of the proposed partnership were not satisfactory and in the best interests of Nokia's long term success."

Q specifically then states that no additional fees or agreement was necessary:

"As far as news articles reporting or implying that QUALCOMM's licensing terms resulted in the failure of Nokia to complete its previously announced joint venture with Sanyo," said Altman, "these are simply untrue. The joint venture company was planning to operate under Sanyo's existing CDMA license agreement with QUALCOMM, and no changes to the existing license agreement were required or requested."

Perhaps both parties are correct.

Is it possible that Sanyo wanted something from NOK in exchange for its JV contribution of "Sanyo's existing CDMA license agreement with QUALCOMM"? Something that NOK was not prepared to give (e.g., a royalty free license to GSM). After all, NOK specifically blamed the "the terms and conditions of the proposed partnership" -- and that partnership was with Sanyo not Q.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News