In a significant development for the tech industry, Qualcomm has secured a partial victory in its licensing dispute with Arm Holdings. A U.S. federal court jury ruled that Qualcomm's central processors are properly licensed under their agreement with Arm, alleviating some uncertainties surrounding Qualcomm's push into the laptop market.
The trial, which spanned a week of intense courtroom arguments and deliberations, concluded with a mistrial on one of the three key questions posed to the jury. Despite this, the decision affirmed Qualcomm's right to innovate within its licensing framework.
Following the verdict, Qualcomm's shares saw an uptick of 1.8% in extended trading, while Arm's shares declined by the same margin. Arm has expressed its intention to seek a new trial to resolve the remaining issues, emphasizing the ongoing nature of the legal battle.
Judge Maryellen Noreika, presiding over the case in Delaware, encouraged both parties to explore mediation as a pathway to settle their disputes. \"I don't think either side had a clear victory or would have had a clear victory if this case is tried again,\" she remarked.
The jury's inability to reach a unanimous decision on whether startup Nuvia breached its licensing terms with Arm leaves the door open for future legal proceedings. Qualcomm's acquisition of Nuvia for $1.4 billion in 2021 remains a pivotal aspect of this case, highlighting the broader implications for the semiconductor and tech industries.
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Qualcomm wins key chips trial against Arm, unblocking its PC push
cgtn.com
