Qualcomm Wins Arm Licensing Dispute
A Delaware jury ruled in favor of Qualcomm Inc. in its legal battle with Arm Holdings Plc, finding that Qualcomm did not breach a license agreement for chip technology acquired through its $1.4 billion purchase of Nuvia Inc. in 2021. Arm claimed Qualcomm used the technology without paying higher licensing fees. While the jury found Qualcomm didn't violate the agreement, they couldn't reach a verdict on whether Nuvia itself breached the license, leaving that question open for a later retrial. The ruling is significant for Qualcomm's position in the mobile chip market.
Read more