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BlackBerry and Qualcomm settle on $940M final award in Qualcomm arbitration

May 30, 2017


Following the initial interim announcement back on April 12, 2017, BlackBerry has now announced that it has reached an agreement with Qualcomm Incorporated resolving all amounts payable in connection with royalty overpayments, interest and attorneys’ fees.

In total, the arbitration panel has issued a final award providing for the payment by Qualcomm to BlackBerry of a total amount of U.S.$940,000,000. Qualcomm will pay the full amount of the final award on or before May 31, 2017.

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