BlackBerry Arbitration Ruling Cuts Into Qualcomm’s Profit

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An arbitration decision in a dispute with BlackBerry Ltd. weighed on Qualcomm Inc.’s earnings in the latest quarter, a further blow to its results after the chip maker paid a hefty South Korean government fine the previous quarter, and a reminder of ongoing challenges to its patent licensing business.

The smartphone chip leader reported a second-quarter profit of $749 million on total sales of $5.02 billion, as the arbitration decision cut sharply into the company’s top line and helped pull down revenue in its patent…

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