InvestorsHub Logo
Followers 0
Posts 1495
Boards Moderated 0
Alias Born 02/14/2004

Re: None

Thursday, 07/07/2005 8:29:29 AM

Thursday, July 07, 2005 8:29:29 AM

Post# of 24710
Qualcomm claims Broadcom is serial litigator

Fights back against antitrust suit

By INQUIRER staff: Thursday 07 July 2005, 07:36

http://www.theinquirer.net/?article=24443

BROADCOM is suing Qualcomm because it's desperate to get some leverage through litigation, a senior exec at the latter company claimed.
That follows the serving of an antitrust suit Broadcom filed against Qualcomm yesterday, which we reported here.

Chief Qualcomm lawyer Louis Lupin said: "Because Broadcom does not hold essential patents for the important cellular standards, Broadcom must feel compelled to resort to these kinds of measures rather than continuing to negotiate for licences in good faith."

And, he claimed, Broadcom has a history of starting both law suits and International Trade Commission (ITC) hearings that don't turn out well.

He quoted cases against Intel, which meant Broadcom paid Chipzilla $60 million; Microtune, which cost Broadcom $22.5 million; and Agere, which cost Broadcom $27.5 million.

And so we can conclude that Qualcomm is going to fight this one. µ
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent QCOM News