Arm transfers most of its Arm China shareholding to Softbank
By David Manners, ElectronicsWeekly (March 30, 2022)
Arm is transferring most of its stake in Arm China to owner Softbank to facilitate its IPO planned for next March.
Arm will end up with less than 20% of Arm China with Softbank holding 28%. A majority stake is held by Chinese investors.
After the transfer, Arm China will be treated as a licensee rather than a subsidiary of Arm and as an uncontrolled affiliate for accounting purposes.
E-mail This Article | Printer-Friendly Page |
Related News
- SoftBank confirms sell-off of ARM China stake
- Controversial former Arm China CEO founds RISC-V chip startup
- Arm shares jump 50% on AI, China boosts to results
- NVIDIA Collaborates With SoftBank Corp. to Power SoftBank's Next-Gen Data Centers Using Grace Hopper Superchip for Generative AI and 5G/6G
- Softbank files to list Arm on the Nasdaq
Breaking News
- TSMC's A16 Process Moves Goalposts in Tech-Leadership Game
- EDA toolset parade at TSMC's U.S. design symposium
- Altera in negotiation on private equity partner
- Arm China's ex-CEO sets up RISC-V company
- CAN FD Controller & LIN 2.1 Controller IP Cores, Available for Immediate Licensing with Proven Automotive Compatibility
Most Popular
- Controversial former Arm China CEO founds RISC-V chip startup
- Qualitas Semiconductor Partners with TUV Rheinland Korea to Enhance ISO 26262 Functional Safety Management System
- TSMC Celebrates 30th North America Technology Symposium with Innovations Powering AI with Silicon Leadership
- TSMC plans 1.6nm process for 2026
- M31 has successfully launched MIPI C/D PHY Combo IP on the advanced TSMC 5nm process