Delaware Jury Finds Arm Breached Qualcomm License
A Delaware jury found that Arm Holdings breached a licensing agreement with Qualcomm and interfered with its business relations. However, the jury awarded only two dollars in nominal damages, leaving key disputes to be resolved by the judge.
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A Delaware jury ordered ARM HOLDINGS PLC-ADR to pay $2 in damages after finding the firm breached a licensing agreement with QUALCOMM INC. The verdict concluded a five-day trial following a previous legal battle over shifting business models. Both companies claimed aspects of the decision as a victory while key disputes remain unresolved.
