![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, August 06, 2007 5:27:03 PM
UPDATE 1-U.S. upholds import ban on some cell phones
--------------------------------------------------------------------------------
Reuters U.S. Company News
5:15 p.m. 08/06/2007
WASHINGTON, Aug 6 (Reuters) - The Bush Administration said on Monday it was upholding an order by a federal trade agency that banned imports of some cellular telephones containing Qualcomm Inc (QCOM) chips.
"I have decided to permit the limited exclusion order and cease and desist order (the 'orders') that the USITC issued in its investigation," U.S. Trade Representative Susan Schwab said in a prepared statement.
The U.S. International Trade Commission's June 7 order had banned imports of cell phone models using Qualcomm chips that had been found to infringe a Broadcom Corp (BRCM) patent. The ban excluded phone models already being imported June 7.
Qualcomm had asked the administration to invalidate the decision by the ITC, which determines whether imports hurt U.S. companies.
The second and third biggest U.S. mobile service providers depend largely on phones with Qualcomm chips for their high- speed wireless services.
The No. 2 U.S. mobile service provider, Verizon Wireless had been supporting Qualcomm in its patent dispute against Broadcom. But on July 19, Verizon announced it would pay up to $200 million in licensing fees to Broadcom to avoid the ban.
"While we recognize legitimate concerns that certain market participants and others have expressed regarding the potential effects of these orders, we believe that steps are being taken to address those concerns," Schwab said.
As part of the administration's review, U.S. trade officials consulted closely with the Department of Homeland Security, which said it does not believe there were sufficient public safety risks to justify denying the exclusion order.
Broadcom's offer of royalty-free public licensing to state and local public safety organizations and its licensing agreements with two major wireless carriers were a factor in DHS's judgment, Schwab said.
"We also understand that other market participants are investigating the use of a non-infringing software work-around. We believe that such licensing agreements and work-arounds will address in large part the concerns raised about delay in 3G network deployment," Schwab said.
Verizon Wireless, owned by Verizon Communications (VZ) and Vodafone Group Plc, also withdrew its support for Qualcomm's request for a presidential veto of the ban.
Sprint Nextel Corp (S), the No. 3 U.S. mobile service provider, has said it is working with its suppliers to avoid any disruptions arising from the ban.
The technology patent in question extends battery life in phones when they are outside the range of their network.
The ban on new phone models with Qualcomm chips would also hurt mobile phone makers such as Samsung Electronics Co Ltd <005930.KS> and LG Electronics Inc <066570.KS>. (Reporting by Doug Palmer)
Recent QCOM News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 08:05:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 08:05:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 08:05:27 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/08/2024 09:01:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 09:03:28 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/02/2024 08:01:38 PM
- Qualcomm Gewinnmitteilung auf der Investor Relations Website des Unternehmens verfügbar • Business Wire • 07/31/2024 10:50:00 PM
- Publication des résultats de Qualcomm disponible sur le site web de la société consacré aux relations avec les investisseurs • Business Wire • 07/31/2024 10:50:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/31/2024 08:02:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 08:01:12 PM
- Qualcomm Earnings Release Available on Company’s Investor Relations Website • Business Wire • 07/31/2024 08:00:00 PM
- US Index Futures Up Ahead of Fed Decision; Oil Prices Surge Amid Middle East Tensions • IH Market News • 07/31/2024 10:01:30 AM
- AMD Shares Surge 9% on Earnings Beat; Match Group Rises 10%, Pinterest & Lemonade Drop 13%, and More Earnings Updates • IH Market News • 07/31/2024 09:59:10 AM
- Qualcomm gibt Datum der Ergebnismeldung für das dritte Quartal 2024 und der Konferenzschaltung bekannt • Business Wire • 07/19/2024 08:32:00 PM
- Qualcomm annonce qu’elle va publier prochainement ses résultats pour le troisième trimestre de l’exercice 2024 et qu’elle tiendra une conférence téléphonique • Business Wire • 07/19/2024 04:22:00 PM
- Qualcomm Schedules Third Quarter Fiscal 2024 Earnings Release and Conference Call • Business Wire • 07/19/2024 01:00:00 PM
- Qualcomm gibt Quartalsbardividende bekannt • Business Wire • 07/17/2024 06:43:00 PM
- Qualcomm annonce le versement du dividende en espèces trimestriel • Business Wire • 07/17/2024 06:43:00 PM
- Qualcomm Announces Quarterly Cash Dividend • Business Wire • 07/17/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/08/2024 09:39:01 PM
- U.S. Index Futures Mixed Following Tech Sell-Off, WTI and Brent Crude Dip Slightly • IH Market News • 06/25/2024 10:37:15 AM
- Trump Media Resells Stocks and Warrants; KB Home Exceeds Q2 Expectations, and More News • IH Market News • 06/20/2024 10:55:11 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:07:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:07:25 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/03/2024 09:27:46 PM
Maybacks Global Entertainment and ZEASN Technology Private Ltd. Sign Global Licensing Agreement • AHRO • Aug 8, 2024 7:00 AM
SANUWAVE Will Host a Conference Call on August 13, 2024 at 8:30 AM (ET) to Present Q2 Financial Results • SNWV • Aug 8, 2024 6:59 AM
Kona Gold Beverage Inc. Signs Letter of Intent with Bemax, Inc. to Sell Kona Gold, LLC • BMXC • Aug 7, 2024 10:00 AM
Btab Ecommerce Group, Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • BBTT • Aug 7, 2024 9:00 AM
Hydromer, Inc. Announces Preliminary Unaudited Second Quarter 2024 Financial Results and Provides Business Update • HYDI • Aug 7, 2024 8:52 AM
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM