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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: Jim Mullens who wrote (191720)12/23/2024 11:01:53 AM
From: QCOM_HYPE_TRAIN21 Recommendations

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Here is a brief summary of Qualcomm's counter claims. I'll be following this case, and any follow up to the original.

  1. Breach of Contract:

    • Qualcomm alleges that ARM breached their Architecture License Agreement (ALA) by:
      • Withholding critical deliverables, including compliance testing resources and patches.
      • Failing to provide specific support Qualcomm was entitled to under the agreement.
    • Qualcomm contends that ARM's actions were intentional and part of an effort to stifle competition.
  2. Anti-Competitive Practices:

    • Qualcomm accuses ARM of leveraging its contractual obligations to undermine Qualcomm's competitive position.
    • ARM allegedly sought to impose unnecessary fees and higher royalty rates after Qualcomm's acquisition of NUVIA, despite existing licensing agreements covering Qualcomm's use of ARM technologies.
  3. Misrepresentation and Concealment:

    • ARM is said to have falsely claimed it met its obligations while concealing deliverables to gain commercial leverage.
  4. Unlawful Interference with Innovation:

    • ARM allegedly delayed Qualcomm’s development of cutting-edge CPUs to prevent Qualcomm's products from outpacing ARM’s own CPUs in the market.
Requested Remedies
  1. Declaratory Judgment:

    • A court declaration that ARM breached the ALA and failed to meet its obligations.
    • Confirmation that ARM cannot terminate Qualcomm's license for invoking its contractual remedies.
  2. Specific Performance:

    • An order requiring ARM to:
      • Provide the missing deliverables, such as testing resources and patches.
      • Fulfill its contractual obligations without retaliation or discrimination.
  3. Monetary Damages:

    • Compensation for losses incurred due to ARM’s delays and breaches, including costs associated with Qualcomm’s additional engineering efforts.
    • Additional damages for harm caused by ARM's misrepresentation and withholding of resources.
  4. Injunctive Relief:

    • Prevent ARM from engaging in further anti-competitive practices.
  5. Legal Costs:

    • Recovery of attorney’s fees and associated litigation expenses.
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