July 12, 2000 |
Qualcomm Inc. said it has licensed Taiwan's largest cordless-telephone maker, Cherish Telecom, to use Qualcomm's code division multiple access, or CDMA, technology, in a multimillion-dollar deal. San Diego-based Qualcomm also said it entered into a licensing agreement with First International Computer, also of Taiwan. Qualcomm shares closed down $1.88 to $53 on Nasdaq.
September 24, 2003 |
Texas Instruments Inc., the world's biggest maker of chips that run mobile phones, sued Qualcomm Inc., saying the company broke a contract by giving discounts to cell phone makers that agree to use Qualcomm's chips exclusively. The company is asking the Delaware Chancery Court to force Qualcomm to adhere to a licensing deal with Texas Instruments and to stop Qualcomm from making false or misleading statements about the agreement, Texas Instruments said in a statement.
January 3, 2008 |
Qualcomm Inc. said a federal judge's order to stop selling chips for cellphones that infringe patents held by its Irvine-based rival, Broadcom Inc., would have an immediate, short-term effect on its business. U.S. District Judge James Selna of Santa Ana ruled Monday that San Diego-based Qualcomm couldn't sell chips that rely on three Broadcom patents. Qualcomm said it was working on new chips that sidestep the Broadcom patents.
March 29, 2000 |
Qualcomm Inc. and Motorola Inc. said they have agreed to dismiss all lawsuits against each other over the design of mobile phones that use San Diego-based Qualcomm's wireless technology format. The two companies also have agreed to a three-year moratorium on patent infringement lawsuits related to Qualcomm's code division multiple access technology. No payments are being made under the dismissal agreement.
November 15, 2007 |
Qualcomm Inc. agreed to buy Firethorn Holdings for about $210 million in cash to expand in mobile-banking software. Firethorn's product enables consumers to use their mobile phones to view account balances and history, pay bills and transfer funds, San Diego-based Qualcomm said.
March 4, 2008 |
Nokia won a British patent lawsuit filed by Qualcomm Inc. over patents related to cellphone technology. A justice ruled that one of San Diego-based Qualcomm's patents was invalid and that another was partially invalid. Penalties will be determined at a future hearing, he added.
October 9, 2008 |
Broadcom Corp. sued Qualcomm Inc., saying chip patent misuse has resulted in double royalties and hurt competitors and customers. The lawsuit, filed in federal court in San Diego, is the latest between San Diego-based Qualcomm and its Irvine rival.
July 27, 2007 |
A federal judge questioned Qualcomm Inc. Thursday about its failure to share tens of thousands of documents with rival chip maker Broadcom Corp. in a patent infringement lawsuit that Qualcomm lost. U.S. Magistrate Judge Barbara Major made no decision after a six-hour hearing but said she was struggling to understand how Qualcomm overlooked so many documents and why it didn't turn them over sooner. A Qualcomm attorney, William Boggs, called it an unfortunate but innocent lapse.
March 15, 2007 |
Broadcom Corp. and Qualcomm Inc. settled a patent dispute that was scheduled to go to trial next week, closing another front in the battle over the market for computer chips used in mobile phones. The agreement ends a challenge Qualcomm filed against Broadcom in 2005 in federal court in San Diego, where Qualcomm is based. Details weren't revealed in the court documents that announced the settlement Wednesday.
April 23, 1997 |
Qualcomm Inc. shares continued to fall Tuesday on investor concern that lawsuits and lower profit margins may hurt future results, analysts said. Shares of the manufacturer of wireless equipment fell about 10%, losing $3.125 to close at $42.375 on Nasdaq. Since April 7, when Qualcomm shares hit $60.125, the stock is down 29%. The decline is partly because of lawsuits that have been filed against Qualcomm by rivals Motorola Inc. and LM Ericsson, analysts said.