Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Sawtooth who wrote (36429)	7/21/1999 4:11:00 PM
From: Ruffian	Respond to of 152472

Interesting Wording> Qualcomm Sues Motorola to End Licenses for Wireless Technology San Diego, California, July 21 (Bloomberg) -- Qualcomm Inc. is suing to end a licensing agreement with Motorola Inc. that allows the company to use Qualcomm's wireless technology, the fastest-growing in the world. In its lawsuit, Qualcomm is claiming the right to terminate all licenses granted to Motorola under a 1990 agreement. The license agreement allowed Motorola to use Qualcomm's Code Division Multiple Access technology in its handsets and network equipment. The suit, filed yesterday in federal court in San Diego, stems from Motorola's own 1997 patent suit against Qualcomm. In that complaint, Motorola had accused Qualcomm of infringing on its patents for the StarTac cellular phone. Motorola's decision to pursue the patent litigation was a breach of the 1990 license agreement, Qualcomm said. ''We believe it was time to emphasize to Motorola the downside of pursuing litigation'' against Qualcomm, said Christine Trimble, a spokeswoman for Qualcomm. She added that a court ruling in favor of Qualcomm would prohibit Motorola from continuing to use CDMA in its products. A Motorola spokesman couldn't immediately be reached for comment. Qualcomm has a 14.8 percent share of the U.S. market for digital handsets, while Motorola has 11.2 percent, according to first-quarter figures released last month by Dataquest. Shares of Qualcomm, based in San Diego, California, fell 3 11/16 to 159 1/4 in early afternoon trading. Shares of Motorola, based in Schaumburg, Illinois, rose 4 1/8 to 94 5/8. Jul/21/1999 14:11