Reported about 1 month ago
Arm Holdings Plc has decided to cancel its architectural license with Qualcomm, escalating an ongoing legal dispute concerning chip designs essential for smartphones. The termination notice grants Qualcomm a 60-day period to resolve the issues that led to the cancellation. The conflict stems from allegations of breach of contract and trademark infringement by Arm and raises significant risk for both companies, potentially affecting Qualcomm's substantial revenue from processor sales. As both firms prepare for a trial in December, the situation underscores shifts in their relationship, where once partners are now veering towards competition.
Source: YAHOO