Qualcomm Chief Executive Officer Cristiano Amon said on Wednesday that Arm Holdings has withdrawn a threat to terminate Qualcomm's license agreement with the chip technology provider.

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’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,

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