Jinshi Data News on October 23rd, Arm (ARM.O) has canceled a license that allows its long-term partner Qualcomm (QCOM.O) to use Arm's intellectual property to design chips, escalating legal disputes around key smartphone technology. According to a document seen by foreign media, Arm has issued a 60-day notice to Qualcomm, notifying the cancellation of the so-called architecture license agreement. This contract allows Qualcomm to develop its own chips based on the standards owned by Arm. This showdown could disrupt the smartphone and personal computer markets, as well as disrupt the finances and operations of the two most influential companies in the semiconductor industry. Qualcomm sells processors worth billions of dollars annually, and most Android smartphones use Qualcomm's technology. If the agreement is canceled, the company may have to stop selling products that account for most of its $39 billion in revenue, or face massive loss claims