Qualcomm Inc (QCOM)

[gcsk]

MediFLO sounds like an important R&D win.
Paul Jacobs, president of Qualcomm's wireless and Internet group, said the company has created a way to deliver video that doesn't overburden cell phone networks and doesn't force consumers to deal with delays or buffering issues.

Called MediaFLO, the technology allows wireless phone companies to send video in hours when their networks aren't busy. The video is then stored on a consumer's cell phone, with the subscriber choosing when to watch it.