Arm poised to cancel Qualcomm chip licence

Different route: Haas (left) speaks at a summit in London. The Arm Holdings CEO is offering more complete designs – ones that companies can take directly to contract manufacturers. — Bloomberg

NEW YORK: Arm Holdings Plc is cancelling a licence that allowed longtime partner Qualcomm Inc to use Arm intellectual property to design chips, escalating a legal dispute over vital smartphone technology.

Arm, based in the United Kingdom, has given Qualcomm a mandated 60-day notice of the cancellation of their so-called architectural licence agreement, according to a document seen by Bloomberg.