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InterDigital, Inc. Q4 2007 Earnings Call Transcript

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2008-03-03 16:47:30.0

Tags: InterDigital Communications Corp.

Question-and-Answer Session

Operator

(Operator Instructions) We’ll go first to R.D. Malik - Sidoti & Company.

R.D. Malik - Sidoti & Company

Could you talk a little bit about the timeframe for the Samsung litigation?

William J. Merritt

Yes, the timeframe for the Samsung litigation, there are two types of litigation with Samsung. We have the ITC litigation, which involves them and Nokia in a combined case. We’re at a point where discovering those cases are wrapping up. We would expect in March that the staff opinions are positioned and the case will come in.

And then, there’s a hearing scheduled for the later part of April. Then, there’s an initial determination by the judge in the June timeframe, and then, I think a final determination by the ITC Commission in the November timeframe. That’s a timeframe on that case.

The other case involving Samsung involves the 2G dispute with them. We received a favorable decision from the District Court in New York with respect to the enforcement of the 2G award. That is now upon appeal, and that appeal will proceed this year. As far as we’ll move forward exactly when the appeals court will decide, that’s up to them.

There is also an arbitration in which Samsung is challenging the application of the Nokia settlement agreement to them, and that is also pretty far along at this point as well. And of course, all of the litigation will get updated, you’ll see an update on that in the 10-K, which I guess we’re filing tomorrow.

R.D. Malik - Sidoti & Company

That was my next question, as to when would you would be receiving a payment for the New York ruling. I guess that’s sort of in limbo right now.

William J. Merritt

Payment from the Samsung, just as a reminder what Samsung had to do to file an appeal on the arbitration award was to post a bond. That bond was in $150 million.

Scott A. McQuilkin

166.

William J. Merritt

$166 million range. Basically that moves the money into the court in effect. And so upon a successful resolution of the court and the money moves to us. So, that was actually a big step in the process to basically get the money into sort of a neutral party’s hands.

R.D. Malik - Sidoti & Company

Could you talk a little bit about that the UK court ruling of declaring one of your patents essential to 3G and its impact on your litigation with Samsung?

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