BlackBerry Wins $815M from Qualcomm for Overpaying Royalties
BlackBerry today said it received a favorable outcome after arbitrating a royalty payment issue with Qualcomm. The two companies entered into arbitration on April 20, 2016, over a dispute concerning "whether Qualcomm's agreement to cap certain royalties applied to payments made by BlackBerry under a license agreement between the parties." The binding arbitration settlement determined that Qualcomm's agreement did in fact apply to such payments, resulting in BlackBerry paying Qualcomm too much money. BlackBerry was awarded $814.8 million in royalty overpayments. Qualcomm said it was disappointed with the decision, but it cannot appeal. BlackBerry CEO John Chen said, "BlackBerry and Qualcomm have a longstanding relationship and continue to be valued technology partners."
Qualcomm Settles with Chinese Anti-Monopoly Investigation
Qualcomm today said it has reached a resolution with China's National Development and Reform Commission (NDRC) over allegations that the chipmaker violated monopoly laws. First, Qualcomm has agreed to pay the NDRC a fine of approximately $975 million.
After China Settlement, Korea Now Eyeing Qualcomm
South Korea's Fair Trade Commission is weighing whether or not to investigate Qualcomm's business practices. Regulators there believe Qualcomm may have abused its position as the largest chipmaker to charge higher royalty rates for its patents.
BlackBerry and Cisco Forge Patent Cross-Licensing Pact
BlackBerry and Cisco today announced that they have signed a long-term patent cross-licensing agreement. The agreement applies to a number of products and technologies, though the companies didn't specify which ones.
Xiaomi Licenses Qualcomm's 3G/4G Tech
Qualcomm today said it signed a patent licensing agreement with Xiaomi, which will use Qualcomm's 3G and 4G wireless technology in future mobile devices. Qualcomm said it has agreed to royalties that are inline with the terms set by China's National Reform and Development Commission.
Qualcomm Reaches Patent Accord with Meizu
Qualcomm today said it has forged a patent licensing agreement with Meizu, giving the Chinese company permission to make and sell devices that use Qualcomm technology. Specifically, Meizu can create cell phones and other mobile devices that rely on CDMA2000, WCDMA, and LTE 4G (GSM, TD-SCDMA, LTE-TDD) wireless radios.
No messages yet