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Qualcomm To Pay Broadcom $891M To End Disputes

Law360 (April 27, 2009, 12:00 AM EDT) -- After a series of adverse rulings, Qualcomm Inc. has agreed to shell out $891 million over a four-year period to competitor Broadcom Corp. to resolve a drawn-out patent and antitrust battle over smartphone chip patents.

Qualcomm and Broadcom revealed in a joint statement Sunday that they would settle ongoing infringement disputes in the U.S. District Court for the Central District of California and the U.S. International Trade Commission, and Broadcom would withdraw complaints over antitrust concerns filed with the European Commission and the Korean Fair Trade...
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