Breaking News: Arm reportedly cancels Qualcomm design license, sparking concerns about global supply chain disruptions. The move comes after a protracted battle over contracts and trademarks between the two companies. Qualcomm has disputed the claim, stating that it is "an attempt to disrupt the legal process" and that Arm's termination notice is "completely baseless." The impact of this development on smartphone manufacturers who rely on Qualcomm chips remains unclear.

Source: https://techcrunch.com/2024/10/23/arm-reportedly-cancels-qualcomm-design-license/