Control of Arm's China business transferred to Chinese investors
Control of Arm’s operations in China has been transferred to a jv controlled by Chinese investors.
The jv is called ‘Arm mini China’ and Chinese investors own 51% of the jv’s equity.
The other 49% is held by Softbank.
There is talk of an IPO of Arm mini China which might help reduce Softbank s $147 billion debt.
E-mail This Article | Printer-Friendly Page |
|
Arm Ltd Hot IP
Related News
- IPO Arm, says Qualcomm boss, and we'll buy in
- Imagination Tech's Fate Hangs as Chinese Investors Assert Rights
- Apple to Buy Intel's Modem Business for $1 Billion
- Moortec Provide Embedded Monitoring Solutions for Arm's Neoverse N1 System Development Platform on TSMC 7nm Process Technology
- Arm China selects Mentor's Questa Verification Solution to enhance power efficiency and speed development of MCU designs