Arm Holdings to cancel Qualcomm chip design license, Bloomberg News reports

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:Arm Holdings is cancelling an architectural license agreement that allows Qualcomm to use intellectual property to design chips, Bloomberg News reported on Tuesday, amid an ongoing legal battle between the two companies.

It would also essentially unwind one of Qualcomm's biggest strategic acquisitions in recent years.

The legal battle between the two tech giants is scheduled to begin in the federal court in Delaware in December.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Allows Legal License Qualcomm Chips Battle Agreement Design Companies Nuvia Rights

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 09:28:28 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 361 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23210967

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