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Qualcomm CEO: WiMAX will suffer against 3G

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Qualcomm shows no signs of warming up to WiMAX. Qualcomm CEO Paul Jacobs said during the company's quarterly conference call with analysts that WiMAX will "suffer in the face of competition from 3G." Jacobs criticized the technology and quality of service delivered by WiBro operators in South Korea, calling the technology a "commercial failure." Qualcomm and Ericsson remain the two biggest holdouts when it comes to the mobile WiMAX market.

For more:
-read this article from Dow Jones

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