BlackBerry wins $814.9 million award from Qualcomm in royalty dispute

BlackBerry wins $814.9 million award from Qualcomm in royalty dispute
This has been a very good morning for BlackBerry and its hardy band of investors. The resurgent company was awarded a preliminary amount of $814.9 million  from Qualcomm. The decision was made by an arbitration panel and relates to a dispute that both companies agreed to have settled in this manner. BlackBerry claimed that it overpaid royalties to the chipmaker based on a royalties cap that both firms had agreed to last year.

The royalties were computed on devices sold by BlackBerry between 2010-2015; the only question that the arbitration panel had to deal with, was whether BlackBerry's non-refundable royalty payments were covered by Qualcomm's royalty cap program. The decision, naturally, didn't go down well at Qualcomm. In a press release issued today, the company said, "While Qualcomm does not agree with the decision, it is binding and not appealable." The final award, which will include interest and attorney fees, will be announced on May 30th.

BlackBerry's shares were halted pending the announcement. They currently are up over 17% on the news to $9.06.

Qualcomm was also sued by Apple in January with the latter complaining that Qualcomm's  royalty fees were too high. At the time, Apple claimed that the royalties it pays the company are five times the amount it pays all of the other cellular companies it has patent license agreements with, combined. Apple also stated that "For many years Qualcomm has unfairly insisted on charging royalties for technologies they have nothing to do with."

Just the other day, Qualcomm filed its response to Apple's lawsuit, and even threw in some counterclaims against Apple for good measure.

source: CNBC, Qualcomm

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81 Comments

1. Mxyzptlk unregistered

This is the only way to make money apparently, frivolous patent lawsuits.

2. SleeperOne

Posts: 370; Member since: Feb 25, 2017

It's called "just business" for a reason.

12. Mxyzptlk unregistered

It's shady business.

4. Crispin_Gatieza

Posts: 3098; Member since: Jan 23, 2014

Where in the article were patents mentioned? It's about licensing fees and it's quite apparent that Qualcomm stiffed them and they got caught. Your comment should've read "This is the only way to make money apparently, f*****g your customers on frivolous royalty payments."

11. Mxyzptlk unregistered

Understood. It didn't say, true, but I'm pretty sure that's what it boils down to.

19. meanestgenius

Posts: 21485; Member since: May 28, 2014

The only thing it "boils down to" is what it says in the article. No patents are involved. Stop trying to spread false information and ignorance because you're in so much pain about BlackBerry coming out on top in this situation.

23. Mxyzptlk unregistered

Why don't you stop being so dramatic just because I said something on a blackberry article that you disagree with. You're just seething with butthurt. That's exactly what it boils down to.

29. meanestgenius

Posts: 21485; Member since: May 28, 2014

Why don't you stop crying in pain and being ignorant on every BlackBerry article because something positive has happened with them that you don't agree with. You're just in so much pain right now. That's what it boils down to.

34. Mxyzptlk unregistered

No, what it boils down to is you nitpicking about every little thing said about blackberry and picking fights like a rabid dog defending his favorite bone.

39. meanestgenius

Posts: 21485; Member since: May 28, 2014

Nah, what it really boils down to is you having child-like fit of rage because you got called out for not reading the article and posting ignorant comments, like an enraged hornet does when someone kicks over it's nest.

44. Mxyzptlk unregistered

Yes, I kicked the nest and the butthurt hornet is out in full rage. That's you btw.

49. meanestgenius

Posts: 21485; Member since: May 28, 2014

Yes, I called out an ignorant troll for making an ignorant comment, and now you're backtracking like the inbred trolling shill that you are.

54. Mxyzptlk unregistered

You're an annoying fly.

59. meanestgenius

Posts: 21485; Member since: May 28, 2014

Pot, meet kettle.

64. Mxyzptlk unregistered

Back at you, jplightning.

67. meanestgenius

Posts: 21485; Member since: May 28, 2014

Right back at you, batmite.

74. Mxyzptlk unregistered

Pot meet kettle, jplightning alpha.

77. meanestgenius

Posts: 21485; Member since: May 28, 2014

Right back at ya, batmite JakeLee.

6. meanestgenius

Posts: 21485; Member since: May 28, 2014

So much pain in your comment, lol. And once again, you didn't read the article. You just saw the name BlackBerry and was compelled to make an ignorant comment. If this were Apple, you'd be waving your pom-poms in the air wildly, cheering them on. By the way, Apple invented the term "frivolous patent lawsuits" .

10. Mxyzptlk unregistered

A. I was talking about the situation in general and not just one company. Stop whining. B. It's not about Apple, so the only one who is waving the pom-poms around is you. C. You're deflecting really hard.

17. meanestgenius

Posts: 21485; Member since: May 28, 2014

A. No you weren't. You're just backtracking because you were called out about your ignorance. B. It's not about Apple, but you'd be waving your pom-poms if it were. Stop lying. C. You're ignorance knows no bounds.

20. meanestgenius

Posts: 21485; Member since: May 28, 2014

*Your

22. Mxyzptlk unregistered

Word fail.

27. meanestgenius

Posts: 21485; Member since: May 28, 2014

Troll fail.

32. Mxyzptlk unregistered

Well you are a troll who fails.

37. meanestgenius

Posts: 21485; Member since: May 28, 2014

Yes, I know exactly what you are.

42. Mxyzptlk unregistered

Your superior, yes that is true.

47. meanestgenius

Posts: 21485; Member since: May 28, 2014

Yes, I am your superior. Thanks for acknowledging it.

52. Mxyzptlk unregistered

You don't read very well I see. Perhaps your jplightning personality is starting to pop back up.

57. meanestgenius

Posts: 21485; Member since: May 28, 2014

Lol, considering that you couldn't even properly read the article at hand, you're the last one to talk. Perhaps your batmite personality will have better luck, whenever you decide to use that account again.

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