According to a document obtained by Bloomberg, Arm has issued a 60-day notice to Qualcomm regarding the cancelation of their architectural license that allows Qualcomm to design chips based on Arm's technology.

This growing legal dispute between the two companies threatens to disrupt Qualcomm's business and the broader smartphone industry. Snapdragon processors power most Android smartphones, and Qualcomm generates approximately $39 billion in revenue from this business. If Arm cancels Qualcomm's license, the latter might face a halt in sales or potential legal actions for damages, leaving consumers in a difficult position regarding the availability of Snapdragon-powered devices. It could also stall the innovation of Qualcomm's future chips and potentially lead to price hikes or shortages of Android phones.