Interest and "reasonable attorneys' fees" could be added to the sum after a hearing on May 30.
BlackBerrysaid Wednesday it has been awarded US$815 million in an arbitration decision for excess royalties it had paid to chip company Qualcomm.
Both companies agreed to arbitration proceedings, which led to the award announced today.
Canada's main stock index fell on Wednesday, as losses for its heavyweight financial and natural resource sectors offset a sharp boost in BlackBerry Ltd shares after it won an arbitration ruling against chipmaker Qualcomm Inc.
BlackBerry's agreement to use Qualcomm's modems and other technology in its smartphones involved a bulk prepayment of royalty fees based on the expected sales volume of the devices, according to the San Diego Union Tribune.
BlackBerry chief executive John Chen said the two companies have a longstanding relationship and continue to be valued partners.
BlackBerry contended that it overpaid royalties to Qualcomm.
Question is, with other manufacturers of cell/smartphones (think Samsung (OTC:SSNLF), Apple (NASDAQ:AAPL) et al) also claiming the same thing regarding Qualcomm overcharging for patents, is Qualcomm's goose cooked for now? The suit contends that Qualcomm insists on onerous royalties for its technologies and demands royalties for technologies it didn't develop-such as Apple's Touch ID. The stock is also on track for the biggest one-day percentage gain since it climbed 29.7% on January 14, 2015. Moreover, since 2011, Qualcomm has been under investigation for competition violations in the European Union region.
He increased the price target to US$9.50 from US$8.
As it turns out, there were multiple designs in the past, but it's unclear as to if we'll ever see one launch into the market. Project Scorpio is slated to release Holiday 2017, and will be unveiled and Microsoft's E3 2017 showcase in June.
Tillerson served as Exxon Mobil Corp.'s CEO before joining the Trump administration and has met Putin several times in the past. In a joint Russian-Iranian statement , the two countries stressed that the USA strike on Syria had crossed red lines.
Not only does the deer hit Cary straight on, but it drags him a few feet before he finally hits the ground. "I got hit by Bambi". Eventually the hotel where he was attacked pulled some surveillance footage and discovered that McCook was telling the truth.
This was just a tough game all around to come up short 2-1 with such a good performance by the starting pitching and the bullpen. The good news? Fortified by Salazar and Carrasco, Indians starters lead all AL rotations in strikeout-to-walk rate.
Carter Page was a top campaign foreign policy advisor to Trump, only to learn that Trump no longer knows who he is. Trump has been met with intense criticism ever since he nominated his son-in-law, Kushner, to a White House role.
He said since the Bangladesh Prime Minister had come to the country, he thought of sharing his anguish. She noted that the two countries had also amicably settled their land and maritime boundary dispute.
The Sacramento Police Officer who is seen on video beating a man has been placed on administrative leave. "Get down. After the tackle and strikes, the officer and a second cop arrest Cain as other officers slowly join the scene.
The 20-year-old Dirty Dancing actress took to her Instagram to make a point that assault isn't always something done by stranger. Abigail's post also inspired other people to open up about times in which they were sexually assaulted by someone they knew.
The council is typically responsible for disqualifying the majority of registrants for making it to the final candidates list. Rouhani has stabilised the economy and ended some sanctions through a 2015 nuclear deal with world powers.
Rookie centerfielder Manuel Margot let off the game with a home run, the 2nd time in five games he's gone deep to start a game. Rockies starter Kyle Freeland has also only had one Major League outing prior to today, but his was much more recent.