Qualcomm CEO expected to save $1.4 billion in Arm royalties by purchasing Nuvia, assumed Snapdragon X chips would be a massive hit
December 19, 2024

Qualcomm CEO expected to save $1.4 billion in Arm royalties by purchasing Nuvia, assumed Snapdragon X chips would be a massive hit

Qualcomm CEO Christianano Amon told the company’s board that acquiring Nuvia directly would save up to $1.4 billion in annual Arm payments. This recognition is in Arm vs. Qualcomm Trialthe former claimed that the latter’s Snapdragon X chip released earlier this year infringed on its patents. according to ReutersAmon testified that he used this reason to justify Qualcomm’s $1.4 billion acquisition of Nuvia in 2021.

Qualcomm had a huge share of the smartphone processor market in the late 2010s, but the company believed it was falling behind Apple’s Bionic chips in performance because of its reliance on Arm designs. In addition, Amon also wants to challenge Intel’s dominance in notebook computers and mobile computing. But at that time, Qualcomm had no choice but Arm.

2024-12-19 12:51:42

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