The jury decided that Qualcomm did not breach an agreement that it was not a party to and, ... it can move forward with its efforts under its current license agreement.

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.

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.