Arm Holdings (ARM) is reportedly scrapping an architectural license deal that allows Qualcomm (QCOM) to use its intellectual property to design chips.
Arm Holdings has formally notified Qualcomm Technologies of its intention to potentially terminate the license permitting Qualcomm to manufacture processors that utilize Arm's intellectual property.
ARM has issued a 60-day notice to terminate the design licence with Qualcomm. Here is how this may impact you.