The strong arm of China?27 Aug 2021 19:32
Whilst Doris and his Chums were asleep in the Chesterfields after a long lunch... Bit late for them to object to the sale to Nvidia:
'The Semiconductor Heist Of The Century | Arm China Has Gone Completely Rogue, Operating As An Independent Company With Inhouse IP/R&D:
Arm is widely regarded as the most important semiconductor IP firm. Their IP ships in billions of new chips every year from phones, cars, microcontrollers, Amazon servers, and even Intel's latest IPU. Originally it was a British owned and headquartered company, but SoftBank acquired the firm in 2016. They proceeded to plow money into Arm Holdings to develop deep pushes into the internet of things, automotive, and server. Part of their push was also to go hard into China and become the dominant CPU supplier in all segments of the market.
As part of the emphasis on the Chinese market, SoftBank succumbed to pressure and formed a joint venture. In the new joint venture, Arm Holdings, the SoftBank subsidiary sold a 51% stake of the company to a consortium of Chinese investors for paltry $775M. This venture has the exclusive right to license Arm’s IP within China. Within 2 years, the venture went rogue. Recently, they gave a presentation to the industry about rebranding, developing their own IP, and striking their own independently operated path.
This firm is called “????”, and is not part of Arm Holdings.
This is the tech heist of the century.'
https://semianalysis.substack.com/p/the-semiconductor-heist-of-the-century
https://www.thetechee.com/2021/08/antitrust-uk-objects-to-nvidias-40b-arm.html