Qualcomm: Don't jump to conclusions on patent suit

Qualcomm is warning folks not to make any hasty conclusions regarding the outcome of the patent infringement lawsuit pending between Broadcom and Qualcomm since March 2005. That's because the staff attorney for the International Trade Commission says Qualcomm is indeed infringing on three of Broadcom's patents. Broadcom filed a lawsuit against Qualcomm in March 2005, making 17 claims of infringement. According to Broadcom, the infringing technology is critical to Qualcomm's core CDMA technology. But Qualcomm, in saying it was clearing up misunderstandings regarding the ITC staff findings, reminded everyone that the staff report must still move on to a judge, who has the power to reject the staff findings, and penalty phases before injunctions against Qualcomm products could happen.

UBS issued a report on the ITC staff findings yesterday, which caused Broadcom's stock to jump and Qualcomm's to fall, but made it clear that the findings were not a final decision on the matter. The legal squabbles are many between the two companies. Qualcomm has also filed three lawsuits against Broadcom, which it said violated 10 Qualcomm patents.

To read more about the ITC staff findings:
- check out the filing itself
- take a look at this release from Qualcomm