Tuesday, October 10, 2006

ITC Judge: Qualcomm Infringed a Broadcom Patent

Peter Kaplan and Sinead Carew write for Reuters:

An administrative judge on Tuesday said Qualcomm Inc. had infringed on a Broadcom Corp. patent, but stopped short of banning the U.S. sale of phones with its chips in a case Broadcom filed at the U.S. International Trade Commission.

Qualcomm shares were up nearly 3 percent and Broadcom down about 3 percent in midday trading. Broadcom had asked the commission to impose a U.S. ban on the sale of Qualcomm chips used in cell phones with high-speed wireless Internet connections.

Analysts said Qualcomm shareholders who had pushed down the stock recently on concerns about the case, were probably relieved it appeared the company was not prohibited from selling its chips here.

More here.

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