Qualcomm ordered to pay BlackBerry $815 million in royalty refund
Qualcomm said Wednesday that it has been ordered to pay smartphone maker BlackBerry $814.9 million in an arbitration dispute over patent royalties.
The San Diego wireless giant said the payment was ordered after both companies entered binding arbitration in a contract disagreement over Qualcomm’s royalty caps.
The payment comes as Qualcomm’s patent licensing business is increasingly under attack from government regulators and smartphone makers.
Qualcomm has been fined more than $850 million by South Korea’s anti-monopoly regulator, which also is demanding changes in the way the company licenses patents. Qualcomm has appealed to the Seoul High Court.
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