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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (139804)7/20/2001 1:44:57 PM
From: Elmer  Read Replies (1) | Respond to of 186894
 
SAN FRANCISCO (Dow Jones)Intel Corp. (INTC) said an administrative law judge for the U.S. International Trade Commission has ruled that some Broadcom Corp. (BRCM) products infringe on two patents held by Intel. The ruling could mean that Broadcom won't be able to import the networking chips into the U.S., Intel said.

Broadcom officials weren't immediately available to comment.

Intel had brought the claim against Altima Communications Inc. last year. Altima was subsequently bought by Broadcom. A trial was held earlier this year. Friday's ruling is preliminary and must be approved by the commission within 90 days. The ITC held up that two of the three patents that Intel listed were infringed upon.

Intel and Broadcom compete in designing and selling products that are used in networking gear, including servers, routers and switches. One of the patents applies to packaging the chips and the other relates to communication chip design.

Intel shares were recently down 21 cents at $29.75. Broadcom was off $2.35, or 5.6%, at $40.05.

Molly Williams, The Wall Street Journal; 4155059151

(END) DOW JONES NEWS 072001