HomeNewsQualcomm settles BlackBerry royalty row

    Qualcomm settles BlackBerry royalty row


    Qualcomm has lowered the number of legal tussles it is involved in by one after it agreed to pay BlackBerry almost $1 billion to resolve a row.

    In a short statement, BlackBerry said the payment of $940 million relates to royalty overpayments it made to the chipset maker.

    In April of last year, the two companies sought to resolve a disagreement over whether Qualcomm’s decision to cap royalties on certain payments also applied to a licence agreement with BlackBerry.

    BlackBerry was initially awarded $814.9 million last month, but the final figure also includes “interest and reasonable attorneys’ fees”.

    Qualcomm has been involved in a spate of legal action with Apple, accusing the iPhone maker of underplaying the value of its chipsets and breaking agreements.

    In return, Apple has claimed Qualcomm is withholding payments worth $1 billion.

    Qualcomm has warned it could take as much as a $1.3 billion hit on its revenues when it next reports its quarterly figures. Sales will now sit between $4.8 billion and $5.6 billion, down from its previous prediction of $5.3 billion and $6.1 billion.

    Qualcomm is also suing the four manufacturers of Apple’s iPhones, claiming the companies are in breach of contract.

    While Qualcomm and Apple are facing off, the iPhone maker settled a patent row with Nokia last week.

    A multi-year patent agreement between the two companies will involve Nokia supplying Apple with network infrastructure and services in future.