The businesses entered arbitration in April 2016 over Blackberry's price that it had overpaid royalties as part of a licensing settlement between the two groups. Blackberry argued that it had overpaid royalties to Qualcomm over sales of handsets from 2010 via the end of 2015.
A binding arbitration listening to was held in San Diego from Feb. 27, 2017 to March three, 2017 and a very last award including interest and reasonable lawyers' charges can be issued after a listening to on May 30.
"BlackBerry and Qualcomm have a longstanding relationship and remain valued technology companions," said Blackberry chief executive John Chen in a assertion. "We are thrilled the arbitration panel dominated in our favour and sit up for collaborating with Qualcomm in safety for ASICs (software-specific incorporated circuit chips) and answers for the car enterprise."
The two corporations hold to paintings collectively on Blackberry's QNX vehicle software program structures developed to handle car infotainment, connectivity and self-riding motors. Over the last year, the Canadian-based employer has pivoted from making smartphones the usage of its personal running machine to growing secure running systems for motors and other related devices.
Separate Apple lawsuit
BlackBerry's QNX software is in extra than 60 million related automobiles these days, the business enterprise says, and in December 2016, it opened an Innovation Centre for Connected and Autonomous Vehicles in the Canadian capital of Ottawa to spur its development of linked and self-using cars.
The loss for Qualcomm comes just three months after the Federal Trade Commission charged the San Diego-primarily based chip maker with using its dominant industry position to force "arduous and anticompetitive" terms on cell smartphone makers.
Subsequently, Apple sued Qualcomm for $US1 billion, alleging the company overcharged for its chips.
Qualcomm has stated it'll "vigorously contest" the FTC complaint and that Apple's claims were "baseless."
The company said that it does not accept as true with the Blackberry arbitrationdecision, however "it's far binding and no longer appealable," Qualcomm said in a announcement. "The arbitration choice turned into restricted to prepayment provisions particular to BlackBerry's license agreement with Qualcomm and has no effect on agreements with another licensee."
Blackberry shares rose extra than 17 per cent to $US9.05 in early trading on Wednesday and ended the day up 16pc at $US8.93 a share.
Qualcomm (QCOM) shares were down 2.Eight in step with cent to $US53.80.
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