Skyworks Settles Patent Litigation and Executes License Agreement with Qualcomm; Skyworks SMV Patent Portfolio Licensed to Qualc
June 16 2005 - 8:00AM
Business Wire
Skyworks Solutions, Inc. (Nasdaq:SWKS), a global leader in analog,
mixed signal and digital semiconductors for mobile communications
applications, today announced that it has settled the patent
infringement litigation with QUALCOMM Incorporated ("Qualcomm")
that began in federal court in San Diego in 2002. In connection
with the settlement, Skyworks has granted Qualcomm a worldwide
license to manufacture and sell integrated circuits under the
Skyworks' patents at issue in the litigation. Likewise, in
connection with the settlement, Qualcomm has granted Skyworks a
worldwide license to manufacture and sell RF integrated circuits
under the Qualcomm patents at issue in the litigation, and all
claims and counter-claims have been dismissed. In addition,
Skyworks has granted Qualcomm a worldwide license under Skyworks'
Selectable Mode Vocoder (SMV) patent portfolio. This agreement
covers the implementation of certain next-generation vocoders,
including the vocoder known as 4GV, in Qualcomm's integrated
circuits and software for the CDMA2000 family of standards. "We are
delighted to settle our differences and move forward with Qualcomm
under mutually beneficial cross licenses. This settlement also
enables the deployment of improved vocoders utilizing Skyworks'
patented technology that will bring capacity and quality
improvements for carriers and consumers worldwide," said Mark V.B.
Tremallo, vice president and general counsel of Skyworks. About
Skyworks Skyworks Solutions, Inc. is a global leader in analog,
mixed signal and digital semiconductors for mobile communications
applications. The company's power amplifiers, front-end modules,
direct conversion transceivers and complete system solutions are at
the heart of many of today's leading-edge multimedia handsets,
cellular base stations and wireless networking platforms. Skyworks
also offers a portfolio of highly innovative linear products,
supporting a diverse set of automotive, broadband, industrial and
medical customers. Headquartered in Woburn, Mass., Skyworks is
worldwide with engineering, manufacturing, sales and service
facilities throughout Asia, Europe and North America. For more
information, please visit the Skyworks Web site at:
www.skyworksinc.com. Safe Harbor Statement This news release
includes "forward-looking statements" intended to qualify for the
safe harbor from liability established by the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
include information relating to future results of Skyworks
(including certain projections and business trends).
Forward-looking statements can often be identified by words such as
"anticipates," "expects," "intends," "believes," "plans," "may,"
"will," "continue," similar expressions, and variations or
negatives of these words. All such statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially and adversely from those projected, and may
affect our future operating results, financial position and cash
flows. These risks and uncertainties include, but are not limited
to: global economic and market conditions, such as the cyclical
nature of the semiconductor industry and the markets addressed by
the company's and its customers' products; demand for and market
acceptance of new and existing products; the ability to develop,
manufacture and market innovative products in a rapidly changing
technological environment; the ability to compete with products and
prices in an intensely competitive industry; product obsolescence;
losses or curtailments of purchases from key customers or the
timing of customer inventory adjustments; the timing of new product
introductions; the availability and extent of utilization of raw
materials, critical manufacturing equipment and manufacturing
capacity; pricing pressures and other competitive factors; changes
in product mix; fluctuations in manufacturing yields; the ability
to continue to grow and maintain an intellectual property portfolio
and obtain needed licenses from third parties; the ability to
attract and retain qualified personnel; labor relations of the
company, its customers and suppliers; economic, social and
political conditions in the countries in which Skyworks, its
customers or its suppliers operate, including security and health
risks, possible disruptions in transportation networks and
fluctuations in foreign currency exchange rates; and the
uncertainties of litigation, as well as other risks and
uncertainties, including but not limited to those detailed from
time to time in the company's filings with the Securities and
Exchange Commission. These forward-looking statements are made only
as of the date hereof, and the company undertakes no obligation to
update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise. Skyworks and
Skyworks Solutions are trademarks or registered trademarks of
Skyworks Solutions, Inc. or its subsidiaries in the United States
and in other countries. All other brands and names listed are
trademarks or tradenames of their respective companies.
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