Sorry for your pain robegratz. It's amazing how many people can be affected by such an event. Have yourself a joyous Christmas with your loved ones and count your blessings. You're a class act.
'The report mentioned shut down of Nokia's mobile phone plant in Tamil Nadu due to tax dispute with government during the year as a factor in decline of exports.
India's electronic mobile market is dominated by imports and mobile phone exports provided some cushion in burgeoning trade deficit. In 2013-14, government faced trade deficit of over Rs 49,041 crore in telecom segment.
"Export of electronics is almost negligible. The only sector which has reasonable manufacturing and export was mobile sector. In fact, during 2008-2012 production was nearly matching India's demand by volume," ICA said.
At the same time import of mobile handsets in the country is continuously rising. In 2015, when export from India is estimated to be zero, import of mobile phones may be worth Rs 75,750 crore.
The mobile phone import has increased from Rs 34,600 crore in 2012 to Rs 58,550 crore in 2014.
When contacted, ICA National President Pankaj Mohindroo said, "It is extremely unfortunate that the torch bearer of India's IT and telecom exports has been snuffed out. We are, however, confident that with the resolve of our Prime Minister to establish India as a global manufacturing hub, this situation will be reversed."
ICA suggested series of measures including 10-year tax holidays and tweaking of some other taxes to promote mobile manufacturing to achieve 25 per cent share in global mobile manufacturing by 2019.'
"This can translate into additional jobs creation of more than 1.3 million people to yield an annual industry turnover of Rs 1.5- 3 lakh crore. The imports can dwindle to just 10 per cent of the market as compared to over 60 per cent now," ICA said.
It's always good to hear from members of the royalties-are-a-form-of-extortion crowd ;-)
Ok, sooo point being nok sitting on a treasure chest of patens got it... :-)
you seem to have responded to the wrong post.
none of what you appear to be refuting is present in this thread.
did you want it to be here and wanted it so badly that you actually saw it here?
what are your speculations based on?
where is the info on how much huawei paid?
Wrong again. Rockstar paid $4.5 billion for 6,000+ telecom wireline and wireless networking patents. Apple contributed $2.5 billion of the purchase price so they got first dibs by transferring around 1,000 of the most valuable wireless patents in that portfolio soon after the deal closed in 2011. The rest of the consortium (Microsoft, Sony, Ericsson, Blackberry) divvied up another 1,000 or so wireless patents sometime in the last 3 years.
RPX is buying the remaining 4,000+ patents for $900 million by forming a syndicate that includes Cisco, Google and 30 other companies that will be paying RPX annual subscription fees. In addition, Cisco booked a $188 million charge last quarter related to its Rockstar settlement. Odds are that Google will book a charge related to this settlement closer to $1 billion than $188 million. Huawei got a hefty first-to-settle discount. The total proceeds will probably be in the $500 million to $1+ billion range. That's on top of the $900 million RPX purchase price.
Apple paid $2.5 billion to bolster its skimpy wireless portfolio so that was a necessary investment on their part. They missed out on the foundational 2G, 3G and 4G patents already so this is more of a move to build a more substantial 5G and 6G patent portfolio. That's the long view that a company generating $50+ billion in free cash flow can take. If they contributed the same amount of around $500 million each, Microsoft, Ericsson, Blackberry and Sony probably approach break-even while bolstering their own patent portfolios and getting licenses to 4,000+ more patents until expiration.
but don't look now ... ))-.;
at least the price is up!
is there some reason why when the price goes up on low volume that it's NEVER called manipulation? X-D
from the article "RPX buys Apple-backed Rockstar patents for $900 mln".
"I think they were not thrilled at the litigation and thought there was a more efficient way to get fair value for the portfolio," Amster said. "It could have taken many years more of litigation to get the same value.
Ericsson said the deal was good news for the industry. Microsoft said it "demonstrates our patent system working to promote innovation." Apple, Sony, Google and Blackberry all declined to comment."
fair value. good one!
big losses portrayed as the promotion of innovation! X-D
all other suits dropped.
google, cisco, samsung and about 30 other companies will buy any licenses, that rockstar wanted to keep them from getting, from rpx. rockstar eats huge losses!
well played! (-;
on a roll? may be on a piece of a soggy, crumbling, graham cracker. slightly moldy ...
here's a little perspective on how well rockstar/apple did on this:
"Apple- and Microsoft-backed patent group ends its war on Android"
"And just like that, the Rockstar Consortium's lawsuit campaign against Android is over. The patent holding group (backed by Apple, BlackBerry, Ericsson, Microsoft and Sony) has sold all of its commonly held patents to clearinghouse RPX for $900 million, or a fraction of the $4.5 billion the total patent pool was worth a few years ago. Rockstar will accordingly drop the lawsuits that it still had left, including those leveled against HTC, LG and Samsung. Don't worry that RPX will promptly turn around and sue someone else, either. It already has a deal to license those patents for defensive purposes to a group of 30-plus companies, including Google and Cisco, while the Rockstar companies get to keep their licenses."
$4.5 billion initial investment, a couple years of research finding targetable functionalities in use by companies without licenses, a settlement for which cisco took a sub-$200 mio. charge (does this include legal fees? o^8)=), the judge rules that the settlements with cisco and google (no indication of any payor status there) settle all outstanding issues, all other suits are cancelled and rocky, good rocky, collapsed in the corner! patents sold for less than 25% of i.i. cost. all subsequent sunk costs now dead.
new headline: google forces apple to devour it's own feet, then bludgeons it with crutch purchased from liquidator rpx who took over the core holdings when other rockstar partners ditched them in the middle of nowhere.
this tends to confirm that if you only look for what you want to see then that is all you are likely find in spite of undesired information being as easy, or even easier, to discover.
By: PTI | New Delhi | December 23, 2014 6:59 pm
Maybe workers should protest their government practices instead of empty warehouses