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BlackBerry awarded $814.9 mln in Qualcomm arbitration
April 12, 2017 / 12:05 PM / 7 months ago

BlackBerry awarded $814.9 mln in Qualcomm arbitration

April 12 (Reuters) - BlackBerry Ltd said on Wednesday Qualcomm Inc was asked to pay the Canadian company about $814.9 million in an interim arbitration decision over royalty overpayments.

The companies in 2016 decided to arbitrate a dispute over Qualcomm’s agreement to cap certain royalties applied to payments made by BlackBerry under a licensing deal. (Reporting by Ahmed Farhatha in Bengaluru; Editing by Sriraj Kalluvila)

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