Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, today clarified the events of the preliminary injunction hearing which occurred yesterday in its trade secret theft case against Broadcom. A Broadcom press release incorrectly reported that the Judge had denied Qualcomm's request for a preliminary injunction. To the contrary, Broadcom agreed that an injunction should be issued, and the judge continued the hearing to October 27, so that the scope of an appropriate injunction could be determined.
After observing that the issue was not whether a preliminary injunction should issue, but instead the scope of the injunction to be issued, the Court fashioned a process to further analyze the trade secrets contained in the many Qualcomm confidential documents misappropriated by Broadcom. At the hearing on October 27, the Court plans to determine the specific injunction to be issued to protect Qualcomm's trade secrets from further misuse.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2006 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.