Reuters reported that the estimated potential annual savings from this legal victory is $1.4 billion in royalties to Arm. This is important to support Qualcomm to continue strengthening its chip designs with proper licensing content for PCs and smartphones to compete with Apple and Intel.

The fact that a federal jury ruled in favor of Qualcomm (QCOM) on two of three counts in its lawsuit with Arm Holdings (ARM) is seen as a clear win for Qualcomm. Read for more.

Qualcomm is claiming victory in its court battle with chip design giant Arm after a jury in the US found that its processor designs are properly licensed. However, the case ended in a mistrial, leaving the door open for Arm to return with a fresh action.