Sprint Nextel Corp. is in a position to lose a $2 billion investment in a new phone characteristic, if a court blocks Qualcomm Inc. from making the required chips. Qualcomm executives have intimated the court that there will be huge losses due to it. Qualcomm rival, Broadcom Corp., has asked US District Judge James Selna in California to eternally bar its rival from making chips enclosed by three Broadcom technology patents after an 18 month phase out period. A board of judges found in May this year that Qualcomm invalidated the patents, including one associated to walkie-talkie technology that Sprint plans to imbibe in phones in the first quarter of 2008, known as the QChat.
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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