Qualcomm Chief Government Officer Cristiano Amon stated on Wednesday that Arm Holdings has withdrawn a risk to terminate Qualcomm’s license settlement with the chip expertise supplier.
Arm in October threatened to terminate Qualcomm’s license settlement amid a dispute over expertise that powers Qualcomm’s private pc chips. Qualcomm stated that risk has been withdrawn.
“Arm just lately notified us that it was withdrawing its October 22, 2024 discover of breach, and indicated that it has no present plan to terminate the Qualcomm structure license settlement,” Amon instructed analysts on convention name on Wednesday, discussing the corporate’s first-quarter outcomes.
In December, Qualcomm gained key elements of a trial within the underlying dispute, with a jury discovering that Qualcomm’s private pc chips are correctly licensed beneath its license settlement with Arm.
The jury, nevertheless, couldn’t attain a unanimous verdict on different questions offered on the trial, and Arm has filed a movement for a brand new trial.
© Thomson Reuters 2025
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