- Arm has issued a 60-day notice to terminate its architectural license with Qualcomm.
- The move could disrupt Qualcomm’s ability to design Snapdragon chips for smartphones.
- The cancellation could also lead to shortages and potential price hikes for Android smartphones.
Update, October 23, 2024 (04:33 PM ET): Here’s Arm’s official comment on the actions the company has just taken:
Following Qualcomm’s repeated material breaches of Arm’s license agreement, Arm is left with no choice but to take formal action requiring Qualcomm to remedy its breach or face termination of the agreement. This is necessary to protect the unparalleled ecosystem that Arm and its highly valued partners have built over more than 30 years. Arm is fully prepared for the trial in December and remains confident that the Court will find in Arm’s favor.