Qualcomm Rejects Licensing Deal With Broadcom

Law360, New York (June 29, 2007, 12:00 AM EDT) -- Qualcomm, Inc. has rejected a proposal by its rival phone company Broadcom Inc. to settle a long-running patent dispute by letting Qualcomm pay a six dollar licensing fee on phones that the U.S. International Trade Commission has already found to infringe Broadcom's patents.

“We strongly prefer a global resolution with Qualcomm, and we would enter into a royalty-free, exhaustive, portfolio-wide cross-license with them today if they were willing,” the company said. “They are not willing, so we have instead offered to Qualcomm and any other company...
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