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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 156.34

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Jan 21 3:59 PM EST

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To: rkral who wrote (61851)	4/2/2007 6:14:17 PM
From: limtex	Read Replies (1) of 197306

rk - Have you got even one source for that gem? Yes - NOKs CFO Rick Simonson - 2006 3rd qtr conference call Once Nokia has ceased actually designing and making CDMA phones, the responsibility for paying royalties on that technology to Qualcomm will pass to its eventual ODM partner(s). That will leave Nokia to pay Qualcomm royalties only for the IPR it owns in GSM and W-CDMA, while Qualcomm will also have to pay Nokia for its IPR in those areas, which may actually work out with Qualcomm owing it more than it owes Qualcomm. When asked what would happen in the event of there being no deal on April 9, Simonson said cash payments to Qualcomm would cease until a new deal was in place. Best, L

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