Post by Logan on Apr 13, 2017 20:23:43 GMT -6
Qualcomm ordered to pay BlackBerry $815 million in royalty refund
Qualcomm said Wednesday that it has been ordered to pay smartphone maker BlackBerry $814.9 million in an arbitration dispute over patent royalties.
The San Diego wireless giant said the payment was ordered after both companies entered binding arbitration in a contract disagreement over Qualcomm’s royalty caps.
The payment comes as Qualcomm’s patent licensing business is increasingly under attack from government regulators and smartphone makers.
Qualcomm has been fined more than $850 million by South Korea’s anti-monopoly regulator, which also is demanding changes in the way the company licenses patents. Qualcomm has appealed to the Seoul High Court.
Read more: www.sandiegouniontribune.com/business/technology/sd-fi-qualcomm-blackberry-20170412-story.html
Qualcomm said Wednesday that it has been ordered to pay smartphone maker BlackBerry $814.9 million in an arbitration dispute over patent royalties.
The San Diego wireless giant said the payment was ordered after both companies entered binding arbitration in a contract disagreement over Qualcomm’s royalty caps.
The payment comes as Qualcomm’s patent licensing business is increasingly under attack from government regulators and smartphone makers.
Qualcomm has been fined more than $850 million by South Korea’s anti-monopoly regulator, which also is demanding changes in the way the company licenses patents. Qualcomm has appealed to the Seoul High Court.
Read more: www.sandiegouniontribune.com/business/technology/sd-fi-qualcomm-blackberry-20170412-story.html