Qualcomm and Arm Holdings Await Jury Verdict Over Breach of Contract and Interference Claims
QCOM Qualcomm Inc
$176.01 -0.63%
View chart & analysis → - 1Qualcomm held a five-day trial alleging that Arm Holdings breached licensing agreements and intentionally interfered with a deal involving Meta Platforms.
- 2Qualcomm claims a contract was violated regarding a guarantee that the amount it must pay stays within 10% of the minimum Arm processor design price.
- 3This lawsuit is the second trial within two years, and Qualcomm's computing architecture license remains in effect until 2033.
So what's the key point?
Qualcomm held a five-day trial alleging that Arm Holdings breached licensing agreements and intentionally interfered with a deal involving Meta Platforms.
Source Reuters · View original ↗
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