The Business Litigation Blog

Qualcomm Loses Patent Infrigement Suit Filed by Blackberry in Arbitration

Qualcomm lost a suit in court on April 12th. 2017 and now has to pay $815 million in royalty fees to Blackberry. Blackberry paid royalty fees in advance to Qualcomm to use their parts that were industry standard parts for cell phones. Qualcomm kept charging Blackberry even though it was stated that Blackberry would only have to pay a certain amount with a capped ceiling to Qualcomm. The contracted cap didn’t get applied on time and Qualcomm stated that Blackberry’s payments are nonrefundable.

Qualcomm’s business strategy relies heavily on making profits on licensing their products. This decision and settlement agreement are a major hit to how Qualcomm runs its business. This suit could impact the pending litigation Qualcomm and Apple have.

If you have a claim related to patent infringement contact the Patterson Law Firm at (312)-223-1699 or Tom Patterson at tpatterson@pattersonlawfirm.com

Post a comment

Comments closed

 
Real Time Web Analytics