Business · Updated 14 Oct, 12:13 am IST
Delaware jury finds Arm breached license, awards Qualcomm $2
Why it matters for readers: It explains a real-world dispute over chip architecture rules and why companies sometimes sue each other.
- A Delaware jury found Arm breached its architectural license agreement with Qualcomm and intentionally sought to disrupt Qualcomm's business.1
- The jury awarded Qualcomm nominal damages of $2.1
- Qualcomm stated the verdict on Tuesday in a spokesperson comment.1
- Arm's shares fell more than 1% in afternoon trading and Arm did not immediately respond to a Reuters request for comment.1
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