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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 175.25+0.6%3:59 PM EST

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To: scratchmyback who wrote (62468)4/12/2007 7:35:40 AM
From: slacker711  Read Replies (4) of 196996
 
Nokia today confirmed that until 2007 it has paid less than 3 per cent aggregate license fees on WCDMA handset sales under all its patent license agreements. This number represents Nokia's aggregate gross royalty payments made under all the numerous patent license agreements applicable to its WCDMA handsets. It excludes infrastructure related royalties and all royalty income collected by Nokia.

Not often you get two concrete statements from companies that are so much in conflict each other. Usually, I can find a bit of wiggle room in statements, but I dont see any here.

qualcomm.com

Nokia's claim that it has been paying cumulative royalties of no more than 3% on WCDMA products sold through 2007 is intentionally deceptive and misleading. Nokia has been paying a royalty on WCDMA handsets in excess of 3% to QUALCOMM alone.

If Nokia's statement is true, there really isnt any room to negotiate. They arent going to get a royalty free cross-license regardless of how long this fight goes. I would split/sell QCT long before I agreed to that.

Slacker
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