According to Broadcom (BRCM), rival Qualcomm’s (QCOM) to stay a ban of imports of some of its chipsets have been denied by the ITC. The body had ruled that some of the intellectual property in the chips violated Broadcom patents.
The announcement leaves several handset manufacturers like Motorola (MOT) in a difficult position because they planned to use the chips in several of their next-generation phones. Cell service provides including Verizon Wireless and Sprint (S) could also be hurt.
Douglas A. McIntyre
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