BlackBerry Ltd Wins Patent Suit Against MTel

BlackBerry Ltd Wins Patent Suit Against MTel

BlackBerry recently won a patent infringement dispute in which technology company MTel accused it of infringing upon five patents covering smartphone technology. On July 22, in a judgment handed down by the U.S. District Court for the Eastern District of Texas, the Canadian firm was not found liable for infringement.

BlackBerry wins a patent lawsuit

Initially, MTel claimed in the lawsuit that the Waterloo-based giant infringed upon five patents, but before the trial started, the court found that one of the patents was not infringed upon, two of the patents were directed at non-patentable subject matter, and one was indefinite.

Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

The last infringement in the lawsuit covered a two-way communication system between a system network and a mobile unit. However, the court found that the Canadian firm was not liable for infringement.

Steve Zipperstein, chief legal officer at BlackBerry, said, “We are pleased with the jury’s verdict. We will continue defending BlackBerry vigorously against meritless lawsuits.”

BlackBerry Hamburg coming soon

It was rumored earlier this year that BlackBerry would follow the Priv, its first Android device, with three more Android handsets. One of those three handsets, the Hamburg, is expected to arrive very soon. Recently the Federal Communications Commission revealed the smartphone model name STH100-2 (RJD211LW). BlackBerry CEO John Chen might discuss the Hamburg during a live stream event on July 26, according to Android Authority.

The BlackBerry Hamburg is reportedly being manufactured by TCL and will be powered by a Qualcomm Snapdragon 615 chipset, which is not the most powerful in the market. The Hamburg is expected to have a 2610mAh battery and be a mid-range device. Moreover, it is expected to run on 3GB of RAM and Android 6.0.1 Marshmallow.

In addition, the Android device will likely have 16GB of internal memory. This does not seem like a lot of memory, which is why the expandable feature via a microSD card is a relief. The rear camera will reportedly be 13 megapixels, and the front camera is expected to be 8 megapixels.

BlackBerry’s third Android device will probably be the Rome. The device is expected to come with the QWERTY keyboard that is synonymous to BlackBerry. The Rome has yet to be spotted at the FCC, but if we go by the rumors, it is not far behind.

On Monday, BlackBerry shares closed up 2.91% at $7.08. Year to date, the stock is down more than 24%, while in the last year, it is down more than 3%. The stock has a 52-week high of $9.46 and a 52-week low of $5.96.

Updated on

Aman is MBA (Finance) with an experience on both Marketing and Finance side. He has worked as a Risk Analyst for AIR Worldwide, and is currently leading VeRa FinServ, a Financial Research firm. Favorite pastimes include watching science fiction movies, reviewing tech gadgets, playing PC games and cricket. - Email him at [email protected]
Previous article Key Metrics: Price To Sales Ratio
Next article NASA Goes Underwater To Train Future Mars Astronauts

No posts to display