SAN FRANCISCO (Feb 5): Qualcomm chief executive officer Cristiano Amon said on Wednesday that Arm Holdings has withdrawn a threat to terminate Qualcomm's licence agreement with the chip technology provider.

Arm in October threatened to terminate Qualcomm's licence agreement, amid a dispute over technology that powers Qualcomm's personal computer chips. Qualcomm said that threat has been withdrawn.

"Arm recently notified us that it was withdrawing its Oct 22, 2024 notice of breach, and indicated that it has no current plan to terminate the Qualcomm architecture licence agreement," Amon told analysts on conference call on Wednesday, discussing the company's first-quarter results.

In December, Qualcomm won key aspects of a trial in the underlying dispute, with a jury finding that Qualcomm's personal computer chips are properly licensed under its licence agreement with Arm.

The jury, however, could not reach a unanimous verdict on other questions presented at the trial, and Arm has filed a motion for a new trial.

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