Arm Holdings Cancels Qualcomm License
This is a Qualcomm news story, published by MSN, that relates primarily to Arm Holdings news.
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QualcommInvesting.com
•Qualcomm shares fall on report Arm is set to scrap chip design license
78% Informative
Shares in Qualcomm fell in premarket US trading on a report longtime partner Arm Holdings is scrapping a license allowing it to use Arm's intellectual property to design chips.
UK -based Arm has given Qualcomm a mandated 60-day notice of the cancellation of their so-called architectural license agreement.
Should the shutdown come into effect, it could substantially impact the global smartphone market.
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