Qualcomm, Broadcom May Settle All Disputes

Law360, New York (April 23, 2009, 12:00 AM EDT) -- Chip makers Qualcomm Inc. and Broadcom Corp., which have been locked in a series of patent and antitrust battles for years, may be nearing a settlement that would resolve all disputes between them, Qualcomm has revealed.

On Wednesday, Qualcomm pushed its second-quarter earnings release, which had been scheduled for that day, to Monday, citing “advanced settlement discussions with Broadcom regarding a global settlement of all disputes between the parties” that could affect its earnings.

Qualcomm said that, settlement aside, its second-quarter financials met or exceeded prior...
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