Cristiano Amon, CEO of Qualcomm, told Reuters recently that ARM Holdings, the semiconductor maker whose technology practically saturates our electronic devices, has stopped with its litigation against it. Supposedly, the company withdrew its license breach notice.
Back in October last year, ARM threatened to pull the plug on Qualcomm’s architectural license agreement with it, after a legal dispute surrounding the latter’s earlier acquisition of Nuvia, which was also a licensee.
In addition to the breach notice, ARM demanded that any architectural designs provided to Nuvia before Qualcomm came swooping in be destroyed. Sadly for ARM, a US Federal court ruled in favour of the popular mobile chipmaker, stating that anything that Nuvia had at the time of the acquisition was theirs.
“Arm recently notified us that it was withdrawing its October 22, 2024 notice of breach, and indicated that it has no current plan to terminate the Qualcomm architecture license agreement,” Amon told analysts on conference call.
(Source: Reuters)
