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BlackBerry loses payment dispute with Nokia, to pay $137 million


By Jussi Rosendahl and Alastair SharpHELSINKI/TORONTO (Reuters) - An arbitration court ordered smartphone pioneer BlackBerry Ltd to pay $137 million to Nokia to settle a payment dispute and the Canadian company said it would pursue a separate patent infringement case against the Finnish firm.The International Court of Arbitration ruled earlier this week that BlackBerry had failed to make certain payments to Nokia under a patent licence contract, BlackBerry said on Friday.The ruling, in a previously undisclosed disagreement over a smartphone technology licensing deal signed in 2012, highlights ...

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First Published: Fri, December 01 2017. 23:14 IST