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InterDigital to see $360M royalty windfall

PHILADELPHIA-As one of the biggest patent names in the wireless space, InterDigital Corp. said it projects to rake in $360 million in revenues from its new royalty agreements during the next year, four times its total takings in 2002.

Some of the royalty agreements are with big names such as L.M. Ericsson, Sony Ericsson Mobile Communications and Research In Motion, while negotiations are under way with Nokia Corp. and Samsung Electronics.

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