Business

Delaware jury awards Qualcomm $2 in damages, finds Arm breached license agreement

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Oct 13 : A Delaware jury awarded Qualcomm $2 in nominal damages after finding Arm Holdings breached its architectural license agreement and intentionally sought to disrupt Qualcomm’s business, a Qualcomm spokesperson said on Tuesday.

Arm’s shares were down more than 1 per cent in afternoon trading.

Arm did not immediately respond to a Reuters request for comment.

Source: Reuters

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