Arm threatened to axe Qualcomm's license to develop chips based on Arm's designs. But a recent court loss convinced Arm to throw in the towel.

Qualcomm Chief Executive Officer Cristiano Amon said on Wednesday that Arm Holdings has withdrawn a threat to terminate Qualcomm's license agreement with the chip technology provider.

Qualcomm’s legal tussle with Arm Holdings appears to have taken a measured step towards resolution following a recent announcement by Chief Executive Officer Cristiano Amon. During a conference call discussing the company’s first-quarter results,

The war seems over for now. Back in October, ARM sent out a 60-day notice to Qualcomm, informing it that it would be terminating its chip design

Back in October, during the Snapdragon Summit, news broke that ARM was going to terminate its licensing agreement with Qualcomm. This was because ARM said