Delaware jury awards Qualcomm $2 in damages, finds Arm breached license agreement
The jury also found Arm intentionally sought to disrupt Qualcomm’s business, according to a Qualcomm spokesperson.
- On Tuesday, a Delaware jury awarded Qualcomm $2 in nominal damages, finding Arm Holdings breached its Architectural License Agreement and intentionally disrupted Qualcomm's business operations.
- The two companies have been embroiled in legal battles since 2022, when Arm sued Qualcomm following the latter's acquisition of Nuvia over licensing transfer disputes.
- While the jury found Arm intentionally interfered with Qualcomm's business deal with Meta, it ruled in Arm's favor on four other claims brought by Qualcomm.
- Both companies claimed victory following the verdict, though Arm shares fell more than 1 per cent in afternoon trading on Tuesday amid the mixed outcome.
- US District Judge Maryellen Noreika must still resolve remaining disputes between the companies, including a potential ruling that could halt Qualcomm's royalty payments for five years—a scenario Arm said involves 'billions of dollars.
12 Articles
12 Articles
Qualcomm has just won a judicial victory as symbolic as it is strange against Arm. After five days of trial in the Delaware, a jury has found that the Arm has breached its architecture license agreement with Qualcomm and deliberately disrupted some of its activities. But the amount awarded to the manufacturer ... Read more Like KultureGeek on Facebook, and follow us on Twitter Don't forget to download our free iAddict app for iPhone and iPad (li…
Arm Holdings, a supplier of microscheme technology, violated a licence agreement with Qualcomm, the world's leader in mobile processor development, which was decided by a jury in Delaware, who found that Arm Holdings had deliberately interfered with Qualcomm's business relationship with Meta Platforms.
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