Qualcomm (QCOM) Loses A Big One

A Federal judge has told Qualcomm (QCOM) that it can no longer make chips based on three patents held by rival Broadcom (BRCM).

According to The Wall Street Journal "the chips are used in two kinds of third-generation cellular networks -- one called EV-DO, which Qualcomm developed, and another called WCDMA that is supported by a broader array of chip makers."

Reuters quotes Broadcom's general counsel as saying "Broadcom should not have to compete against companies that use Broadcom's own patented technology against us, and this injunction puts a stop to Qualcomm doing just that."

Douglas A. McIntyre