Qualcomm (QCOM) Works To Kill Off WiMax
Qualcomm (QCOM) is introducing new chips that will allow PCs to work across multiple broadband cellular networks. The target of the new technology is WiMax, which would allow computers and handsets to connect to fast internet service though its wireless system.
But, PC companies may not be so fast to act. Qualcomm’s plan could take away some WiMax customers by providing an alternatives for wireless access. But, as The Wall Street Journal points out: “Unlike promoters of WiMAX, Qualcomm typically requires hardware companies to pay patent royalties as well as pay for its chips, which would add to the cost of making a laptop.”
Filthy lucre. It may cost Qualcomm its dominant position in high-speed wireless.
Douglas A. McIntyre