Arm to Scrap Qualcomm Chip Design License in Feud Escalation.

QUALCOMM Inc.; SMARTPHONE industry; INTEGRATED circuits; CHIEF executive officers; BREACH of contract; LICENSE agreements; TRADEMARK infringement

Arm Holdings Plc is terminating Qualcomm Inc.'s license to use Arm intellectual property for chip design, sparking a legal dispute over smartphone technology. Qualcomm faces potential revenue loss if the cancellation takes effect, as it sells processors used in Android smartphones. The disagreement stems from Qualcomm's acquisition of Nuvia, a startup with key microprocessor designs, which Arm claims violates their agreement. Both companies, once close partners, are now pursuing strategies that make them competitors in the semiconductor industry. [Extracted from the article]

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