I am quite happy to see the suit as a matter of fact. That just proved one thing. QCOM's HSDPA chips and WCDMA chips are in high demand in the coming years. Those companies are scared/envious of QCOM's position. As a result, I went and bought more. :-)
Do not forget those companies are making big bucks for their phones and chips now. What are they complaining about? It is like YiWu's complaining about Jay making too much money of being a China/Tobago businessman. It is unfair and not allowed. Jay should make less than 5% agreed upon by all parties involved. Do you want someone to tell you so?
<<<<<<"Major telecommunications equipment companies on three continents are standing up and saying that that Qualcomm's business practices are unfair, anticompetitive and ultimately illegal," said David Dull, Broadcom's Senior Vice President.>>>>>
QUALCOMM Responds to Broadcom's Latest Complaint Print Version
QUALCOMM Believes Antitrust Claims Are Meritless
SAN DIEGO — July 06, 2005 — QUALCOMM Incorporated ..............................Broadcom's allegations regarding supposed monopolization by QUALCOMM of a so-called "WCDMA market" are likewise demonstrably false. With many companies selling commercial WCDMA chipsets, competition among WCDMA chipset suppliers is healthy and intense, and QUALCOMM has supplied only a small percentage of the WCDMA chipsets sold to date. The inability of Broadcom to attract customers for its WCDMA products, as admitted in Broadcom's complaint, is indicative of this highly competitive environment and not of any ostensible anticompetitive activity by QUALCOMM.
"This case, like the earlier patent cases filed by Broadcom against QUALCOMM, appears to be a desperate attempt by Broadcom to gain bargaining leverage through meritless litigation. Because Broadcom does not hold essential patents for the important cellular standards, Broadcom must feel compelled to resort to these kinds of measures rather than continuing to negotiate for licenses in good faith," said Louis M. Lupin, senior vice president and general counsel of QUALCOMM. "Broadcom's unfortunate preference for the litigation forum rather than the negotiating table will require QUALCOMM to proceed with litigation of its own."
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