Qualcomm CEO Cristiano Amon announced on Wednesday that Arm Holdings has withdrawn its notice of a breach regarding Qualcomm’s license agreement. This followed a dispute over the technology used in Qualcomm’s personal computer chips. Arm had initially threatened to terminate the agreement in October due to concerns about Qualcomm’s chip technology.
Amon confirmed that Arm notified Qualcomm that it had withdrawn its breach notice and has no immediate plans to terminate the architecture license agreement. This announcement came during a conference call discussing Qualcomm’s first-quarter results.
In December, Qualcomm secured a favorable ruling in the ongoing dispute when a jury determined that Qualcomm’s personal computer chips were properly licensed under the existing agreement with Arm. However, the jury could not reach a unanimous decision on other aspects of the case, leading Arm to file for a new trial.
