Arm takes back control of its Chinese biz ahead of IPO
Arm has reportedly taken back control of its “rogue” Chinese business ahead of an expected IPO.
The Chinese venture of the British semiconductor icon began operating as an independent company and conducted its own in-house R&D to create new IP. Dylan Patel, Chief Analyst at SemiAnalysis, even penned a piece titled: ‘The Semiconductor Heist Of The Century – Arm China Has Gone Completely Rogue’.
Arm-owner SoftBank sold 51 percent of its stake in the Chinese...