Qualcomm says Broadcom ruling to hurt in short term
Wireless chipmaker Qualcomm Inc. said on Wednesday an unfavorable ruling in a patent dispute with Broadcom Corp would hurt its business in the short term, sending its shares lower. A federal judge in California ruled on Monday that Qualcomm could sell through January 2009 some chips whose designs infringe three patents held by Broadcom, though it must pay royalties. After that, Qualcomm was permanently barred from infringing the three Broadcom patents.
Qualcomm said newer chipsets that do not infringe Broadcom patents are available to device manufacturers for product shipment in the United States. Chipsets for devices aimed at international markets are not affected by the ruling. “We are working to comply fully with the court ruling while minimizing the impact on our partners,” said Alex Katouzian, vice president of Qualcomm CDMA Technologies.
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