Published in Mobiles

Blackberry wins arbitration case against Qualcomm

by on13 April 2017


Claims it was overcharged.

BlackBerry shares surged 18 per cent after the troubled phone maker won a $815 million award from Qualcomm.

BlackBerry said  it has been awarded a preliminary $814.9 million in royalty overpayments made to Qualcomm. A final award, including interest and attorney fees, will be issued after a hearing on May 30, the company said.

BlackBerry argued that it was overpaying Qualcomm in royalty payments. Last April, BlackBerry and Qualcomm entered discussions to settle the dispute and analyze an existing "agreement to cap certain royalties applied to payments made by BlackBerry under a license agreement between the two parties."

Despite the dispute, BlackBerry CEO John Chen said that the companies "continue to be valued technology partners." He said BlackBerry will continue to collaborate with Qualcomm, specifically for security in the auto industry and in application-specific integrated circuits.

The case has been seized on by the Tame Apple Press as proof that Qualcomm also overcharge Apple, ignoring the fact that the two cases were completely different.  Apple also argued that Qualcomm is "withholding nearly $1 billion in payments from Apple as retaliation for responding truthfully to law enforcement agencies investigating them."

Last modified on 13 April 2017
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