Wed Oct 23 11:40:00 UTC 2024: – Arm Holdings Plc is canceling a license with Qualcomm Inc. that permitted Qualcomm to utilize Arm’s intellectual property for chip design.
– The cancellation is part of an escalating legal dispute over critical smartphone technology.
– Arm provided Qualcomm with a 60-day notice about the termination of their architectural license agreement.
– This agreement allowed Qualcomm to develop its own chips based on Arm’s proprietary standards.

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