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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

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From: benhorseman	3/3/2008 1:07:39 PM
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Qualcomm, Nokia Closer to Courtroom Convergence By Evan Koblentz WirelessWeek - March 03, 2008 wirelessweek.com Nokia does not infringe on Qualcomm’s 2G GSM patents in Europe, and therefore a sales injunction won’t be granted, a U.K. judge ruled today. That’s one of the final steps before the multitude of lawsuits between Qualcomm and Nokia officially converge in a Delaware court, as both companies said is their plan last month. Qualcomm also lost to Nokia last week when the U.S. International Trade Commission declined to review an earlier decision, which also stated that Nokia is not guilty of infringement. Qualcomm has not yet announced any plans to appeal that review. Considering its victories, Nokia does not have much reason to feel pressured into settling, which is what Qualcomm officials previously indicated is their goal. The charges began in 2005 with various companies in addition to Nokia all accusing Qualcomm of improper competitive behavior. Since then, various related cases sprang up in several U.S. states and throughout Europe. Despite the courtroom losses, Qualcomm is doing fine on Wall Street. The San Diego company announced significant profits earlier this year.

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