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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?

To: Q8tfreebe who wrote (6463)	9/21/2006 9:07:48 AM
From: Jon Koplik	Read Replies (1) \| Respond to of 6531

U.S. magistrate tells BRCM & QCOM guys to act like adults (my choice of words; not the words of the magistrate). This is re-posted from : Message 22833504 Broadcom, Qualcomm Told to Meet on Patents From Bloomberg News September 21, 2006 Broadcom Corp. Chairman Henry Samueli and Qualcomm Inc. Chairman Irwin Jacobs must appear together before a U.S. magistrate to try to settle patent disputes over mobile-phone chip technology. U.S. Magistrate Anthony Battaglia ordered the two executives to meet Oct. 4 at a conference in San Diego federal court. There are 10 lawsuits pending between the two companies. Samueli and Jacobs must "discuss a global resolution in earnest," said Battaglia, who issued the order Monday. Samueli, who built Irvine-based Broadcom based on chips for TV set-top boxes, wants to expand into cellphones and says Qualcomm is charging unfair royalties. San Diego-based Qualcomm says any handset that includes the third generation of phone technology must pay a royalty, which Jacobs says is a fair rate. "It's appropriate for the judge to approach the issues globally," Qualcomm spokeswoman Christine Trimble said. Broadcom has "a long history of theft" of Qualcomm's trade secrets, Trimble said. "Qualcomm's false and incredible accusations are unlikely to promote a constructive atmosphere for the mediation," Broadcom spokesman David Rosmann said. ****************************** END.