Qualcomm secures key win in chips trial against Arm
Qualcomm's central processors are properly licensed under an agreement with Arm Holdings, a jury found in a trial in U.S. federal court that removed some, but not all, uncertainty around the mobile chipmaker's expansion into the laptop market.
A week of courtroom arguments and deliberations ended in a mistrial after the jury failed to resolve one of three questions put before it in the trial between the two chip giants. Qualcomm said the result affirmed its right to innovate, but Arm vowed to seek a new trial.
Arm's shares were down 1.8% in extended trading after the news, and Qualcomm's shares were up 1.8%.
The outcome means the case could be tried again in the future — something Arm vowed to pursue in a statement following the verdict. Judge Maryellen Noreika, who presided over the case in U.S. federal court in Delaware, encouraged Arm and Qualcomm to mediate their dispute.
«I don't think either side had a clear victory or would have had a clear victory if this case is tried again,» Noreika told the parties.
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