Qualcomm and Arm Battle in Court Over Royalties
Qualcomm and Arm Holdings have begun a high-stakes trial in federal court regarding contract breaches and royalty disputes. Qualcomm seeks to halt payments for up to five years, while Arm defends its pricing strategy.
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QUALCOMM INC and ARM HOLDINGS PLC-ADR opened a five-day federal trial on Monday in the United States over withheld chip testing tools and a potential five-year royalty hold. Qualcomm alleges Arm leaked contract termination threats that damaged a deal with META PLATFORMS INC-CLASS A by $170 million.
