Qualcomm Wins Jury Verdict Against Arm in License Dispute
A jury returned a verdict for Qualcomm in its breach-of-contract dispute with Arm over an architectural license agreement.
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05:35:49 PM UTC
SquawkNews
A Delaware jury found Arm Holdings breached its architectural license agreement and intentionally sought to disrupt Qualcomm's business, the smartphone chipmaker said on Tuesday, calling the verdict a win for innovation and competition.
05:47:01 PM UTC
SquawkNews
A Delaware jury awarded Qualcomm $2 in nominal damages after finding Arm Holdings breached its architectural license agreement and intentionally sought to disrupt Qualcomm's business, a Qualcomm spokesperson said on Tuesday.Arm's shares were down more than 1% in afternoon trading.Arm did not immedi…