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Semiconductor rivals Intel Corp. and Broadcom Inc. announced Friday they have settled all their long-running patent disputes and agreed to license various technologies from each other. The companies had filed several lawsuits and counterclaims related to semiconductors and packaging dating from 2000 in federal courts and the International Trade Commission. Under the deal, all the claims and counterclaims will be dismissed. Irvine, Calif.-based Broadcom, a maker of communications chips, will pay Intel a total of $50 million spread over the third and fourth quarters of 2003. Broadcom said it would take a one-time charge in the quarter ended June 30. Both sides said they were satisfied with the agreement. Earlier, the companies asked a judge to dismiss another lawsuit related to graphics chips. In that case, which started in 2002, Broadcom accused Intel of violating its patents related to graphics chips and Intel countersued. There was no exchange of money in the settlement. Shares of Santa Clara, Calif.-based Intel were down 41 cents to close at $23.58 on the Nasdaq Stock Market. Broadcom shares were down 31 cents to close at $20.24. Copyright 2003 Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.

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