Broadcom (BRCM) Announces Judge Finds Qualcomm in Contempt of Injunction on 3G Products
More News related to BRCM
- Piper Jaffray Reiterates a 'Buy' Rating on Broadcom (BRCM), Lowers Price Target and Estimates
- Qualcomm Again Held in Contempt of Injunction on 3G Cellular Products Previously Found to Infringe Broadcom Patent
- Broadcom's 10 Gigabit Ethernet Controller Supports HP Virtual Connect Flex-10 as World's First LAN-on-Motherboard Solution on a Leading Server Platform
- After-Hours Movers 11/12: Intel (INTC) Sinks On Warning, Tech Stocks Follow (CSCO, TXN, QCOM, AMD, MSFT, QQQQ)
- David Moenning's Daily State of the Markets: 11/12
More News related to QCOM
- MediaFLO USA, CBS Mobile and Victoria's Secret Unveil 'Victoria's Secret TV' - A New Channel Only on FLO TV
- Statmon Technologies Continues Trend with Improved Q-2 Operating Results
- Citi and Firethorn Launch Citi MobileSM for Cards
- ZTE, Qualcomm and Aircell Collaborate on Industry-first In-flight Mobile Broadband System
- Qualcomm Again Held in Contempt of Injunction on 3G Cellular Products Previously Found to Infringe Broadcom Patent
More News related to Corporate News
- Citi Initiates Coverage on US Soft Drink Makers
- William Blair Initiates Coverage on Data Networking Stocks
- Caris Starts Coverage on Ariba (ARBA), Concur (CNQR), salesforce.com (CRM), Taleo (TLEO)
- Oppenheimer Initiates Coverage on ViroPharma (VPHM)
- Oppenheimer Initiates Coverage on Cadence Pharmaceuticals (CADX) with an Outperform
Broadcom Corporation (Nasdaq: BRCM) announced that a federal judge today found Qualcomm (Nasdaq: QCOM) in contempt of an injunction he ordered last December designed to prevent Qualcomm from continued infringement of three Broadcom(R) patents.
U.S. District Judge James V. Selna found that Qualcomm violated the injunction by continuing to use and support infringing WCDMA chips and ordered Qualcomm to immediately cease such use and support. The court further found that Qualcomm violated the injunction by failing to pay royalties to Broadcom on its infringing QChat(R) products. Citing the "egregiousness" of Qualcomm's conduct, the court ordered Qualcomm to pay Broadcom the gross profits Qualcomm has earned on its infringing QChat(R) products. Judge Selna further ordered Qualcomm to pay Broadcom's attorneys fees in connection with the contempt proceedings.
Broadcom Corporation designs, develops, and supplies semiconductors for wired and wireless communications markets.
Related Categories
Corporate NewsStocks Mentioned
+0.45Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
