InterDigital vs Samsung arbitration awards
Wireless technology company InterDigital Communications Corp. announced it has been awarded $134 million by an arbitrator in a decade-long royalty dispute with South Korean-based Samsung Electronics Co. Ltd.
The arbitration award for InterDigital (King of Prussia, Pa.) covers past royalties plus interest on Samsung’s sale of single mode 2G GSM/TDMA and 2.5G GSM/GPRS/EDGE terminal units through 2005. The arbitrator said Samsung would have to pay InterDigital $17 to $21 million to cover royalties for the first half of 2006.
In a separate matter, the arbitrator determined that Samsung has not obtained the broader CDMA and 3G patent license rights in the Nokia agreement with InterDigital.
In Feb. 1996, Samsung entered agreements with InterDigital which covered both technology development and patent licenses. As part of the agreements, Samsung paid approximately $35 million up front to InterDigital. Continue reading InterDigital vs Samsung arbitration awards