Friday, 26 May 2017

Final ruling from arbitration panel awards BlackBerry $940 million from Qualcomm

Last month, we told you that an arbitration panel had awarded BlackBerry a preliminary amount of $814.9 million from Qualcomm to resolve a dispute over royalties. BlackBerry claimed that Qualcomm failed to cap the amount of royalties that it was paying based on an agreement both sides shook hands over back in 2010. Back then, BlackBerry was still quite a relevant company in the smartphone industry, just one year removed from its peak as King of the Smartphone world. At the time, everyone expected BlackBerry's sales to continue to rise including both Qualcomm and BlackBerry itself.

As a result, ...

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