Categories
News

Qualcomm Prevails: Mistrial Shakes Up ARM Lawsuit in Favor of Chip Giant!

Source link : https://tech-news.info/qualcomm-prevails-mistrial-shakes-up-arm-lawsuit-in-favor-of-chip-giant/

Arm Holdings vs. Qualcomm: Legal Dispute Update

Arm ⁣Holdings has ‍initiated a legal​ action against ​Qualcomm, claiming violations of a licensing⁢ agreement. ⁢Recent​ developments⁣ reveal that the jury was unable to reach an agreement​ regarding one specific ⁤claim, while ruling in favor ​of Qualcomm on another issue.

The ⁢Context of⁣ the Lawsuit

This ‍lawsuit arose ‌following Qualcomm’s acquisition of Nuvia​ for ⁢$1.4 billion, which was a licensee ​under Arm. The panel ⁤could not determine whether Nuvia had violated its licensing terms; however, they ruled that Qualcomm ‍adhered ​to its licensing obligations concerning Nuvia’s​ contract with Arm.

Qualcomm’s Reaction

In response to ​the jury’s⁢ findings, Qualcomm expressed satisfaction through ⁣an official statement: “We are ​pleased with today’s decision. The jury has upheld ⁢Qualcomm’s right ⁤to innovate and confirmed​ that ⁢all⁣ technology-to-checkouts-heres-how-it-could-revolutionize-your-shopping-experience/” title=”Sainsbury’s Introduces Cutting-Edge AI Technology to Checkouts – Here’s How It Could Revolutionize Your Shopping Experience!”>products associated in this case⁤ are covered by our contract ⁤with Arm. We will⁤ continue to create leading-edge products for consumers globally, including‌ our exceptional Oryon ARM-compliant custom ⁣CPUs.”

The Implications for ⁤Both Companies

The‍ jury concluded that Qualcomm properly⁣ licensed its central processing units (CPUs). Following these announcements, shares for Arm ​saw ⁢a downward trend in ‌after-hours‌ trading sessions while those ‌belonging ⁣to Qualcomm experienced a slight​ uptick.⁣ This pivotal case was held ⁤at the​ federal court in Delaware⁤ and may potentially be retried.

Nuvia Technology’s Role

Moreover, the jury determined that the ⁣chips developed​ by Qualcomm using technology from Nuvia were appropriately licensed as per Nuvia’s agreement with Arm. ⁢As such, this ruling allows Qualcomm to maintain sales of these ⁤chips—which are instrumental as it‍ ventures into the personal ⁢computer sector.

Arm ⁤Holdings’ Pursuit of Further Action

An official statement from⁢ Arm ⁢expressed disappointment⁤ over the deadlock among jurors: “We intend⁤ to⁢ pursue a retrial due to this impasse,” said ‍representatives​ from the company. Protecting proprietary ⁣technology and sustaining the robust ecosystem built⁤ over⁤ 30 years is our foremost concern.” They reiterated their commitment⁣ towards fostering innovation within their dynamic market landscape while continuing support for their partners as they navigate future advancements​ in computing technology.

Your daily source for vital business insights!

Keep ahead at work with timely ⁣updates‌ from VB Daily! We bring you critical information on how⁤ companies leverage generative AI—from ​policy changes to tangible⁤ applications—as you share ‌insights designed for maximum return on‌ investment (ROI).

The post Qualcomm Prevails: Mistrial Shakes Up ARM Lawsuit in Favor of Chip Giant! first appeared on Tech News.

—-

Author : Tech-News Team

Publish date : 2024-12-21 01:56:37

Copyright for syndicated content belongs to the linked Source.

Exit mobile version

..........................%%%...*...........................................$$$$$$$$$$$$$$$$$$$$--------------------.....