Arm Withdraws Qualcomm Threat
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Technology
Qualcomm says Arm has withdrawn breach claims, has no plans to terminate license deal
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In This Article: ( Reuters ) - Qualcomm's Chief Executive Officer Cristiano Amon on Wednesday said Arm Holdings has withdrawn a threat to terminate Qualcomm's license agreement with the technology provider. Arm in October threatened to terminate Qualcomm 's license agreement amid a dispute over technology that powers Qualcomm 's personal computer chips. In December , Qualcomm won at trial in the dispute. During Qualcomm's quarterly earnings call on Wednesday , Amon said Arm had withdrawn its threat and has "no current plan" to terminate Qualcomm's license agreement with Arm. (Reporting by Stephen Nellis in San Francisco ; Editing by Chris Reese ).