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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: rkral who wrote (61851)4/2/2007 4:34:15 PM
From: Rich Bloem  Read Replies (3) | Respond to of 197304
 
Actually, what NOK said was just the opposite. They said they are a net payor of Royalties and will continue to be. They just want to reduce the balance of payments a little more in their favor.

The above is paraphrased. I have the qoute somewhere on my computer and if I was a little more organized and had a little more time, I would dig it out.



To: rkral who wrote (61851)4/2/2007 6:14:17 PM
From: limtex  Read Replies (1) | Respond to of 197304
 
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