Arm Holdings Plc is cutting ties with Qualcomm Inc. by canceling their license agreement, sparking a legal battle over smartphone technology. The UK-based company’s decision to end the partnership allows Qualcomm to use Arm’s intellectual property to design chips. This move comes after a mandated 60-day notice was issued, as reported by Bloomberg. The contract in question permits Qualcomm to develop its own chips using Arm’s standards. The cancellation of this agreement highlights the contentious relationship between the two tech giants in the fast-paced world of semiconductor technology.
https://www.bloomberg.com/news/articles/2024-10-23/arm-to-cancel-qualcomm-chip-design-license-in-escalation-of-feud