Pursuits

Qualcomm, Jack Daniel’s, Who Dat?: Intellectual Property

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Qualcomm Inc., the most cash-rich semiconductor company, was told by a federal jury to pay $173 million to money-losing ParkerVision Inc. for infringing wireless-network patents used in smartphones.

While it’s the largest patent jury verdict of 2013, and ninth-largest of all U.S. jury awards this year, according to data compiled by Bloomberg, it’s less than half the $432 million in royalties ParkerVision was seeking.