Reported 1 day ago
Qualcomm received a partial victory in a federal court ruling regarding its licensing agreement with Arm Holdings, as jurors found Qualcomm did not breach the contract. However, they could not reach a consensus on Nuvia's compliance with its license, leading to a mistrial. Arm expressed disappointment in the outcome and plans to seek a retrial, emphasizing its commitment to protecting its intellectual property. Analysts believe the ruling allows Qualcomm to focus on expanding into new markets like AI and IoT, signifying a pivot in its strategic direction.
Source: YAHOO