U.S. Bans Some Qualcomm Chips

Federal trade regulators slapped Qualcomm (QCOM Quote) with a partial ban on chip and phone imports that infringe on a Broadcom (BRCM Quote) patent.

Upholding a patent infringement ruling against Qualcomm, the U.S. International Trade Commission says no more new shipments of 3G phones using Qualcomm chips can be imported into the country.

The order does not apply to phones and chips imported before today.

Qualcomm shares rose 3% in the wake of the news since the commission did not grant Broadcom a full injunction against all Qualcomm chip and phone imports. ...