Qualcomm pays USD 940 mln to end BlackBerry royalty dispute

News Wireless Global 29 MEI 2017
Qualcomm pays USD 940 mln to end BlackBerry royalty dispute

Qualcomm has been told to pay a final refund to BlackBerry of USD 940 million. The decision, which resolves all refund matters between the two companies, is related to royalties on sales in 2010-2015. The companies had earlier agreed to arbitrate the contract dispute.

The figure includes interest and attorneyfees, net of certain royalties due from BlackBerry for calendar 2016 and the first quarter of calendar 2017. BlackBerry said Qualcomm will pay the full amount by end May.

 

Categories:

Mobile

Companies:

Qualcomm,  BlackBerry

Regions:

Global

Tags:

Legislation - Lawsuits, Research and development

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