Research In Motion, maker of the BlackBerry e-mail device, said on Thursday it would take a fourth quarter charge of between $7m and $8m related to a patent lawsuit by NTP
By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.
RIM said there could be a potential increase in damages beyond the previously announced $23m awarded by a US jury in November 2002, bringing the estimated fiscal 2003 provision recorded to date to $39.7m to $40.7m.
In January, the US Patent and Trademark Office ordered a re-examination of five patents owned by NTP, which won a $23.1m patent infringement case against RIM in 2002.
The patent office had ordered the re-examination after determining that certain relevant patents and publications it had not previously considered raised questions regarding the patents of NTP, a privately owned holding company that controls eight patents for a group of Illinois-based investors.