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TEXXR

Chronicles

The story behind the story

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Sources: Chinese officials have declined to process Arm China's transfer to a new Vision Fund entity, holding up Arm's plan to exit the joint venture

Unresolved restructuring looms over SoftBank's plans for blockbuster listing of UK chip designer  —  China is holding up Arm's plan …

Financial Times

Discussion

  • @rwmcmorrow Ryan McMorrow on x
    Problems at chip giant Arm's China JV continue: For almost a year Arm has pretended like it had exited the JV, but Chinese officials have declined to process the paperwork making exit real amid US chip battle @QianerLiu @KanaInagaki @AnnaSophieGross https://enterprise-sharing.ft.…
  • @workmj Michael Jackson on x
    “The Chinese government will do its utmost to deepen the linkages and relationships between Arm and the domestic semiconductor industry.” Arm being broken up seems inevitable. https://www.ft.com/...
  • @chepker Caroline Hepker on x
    I spoke to Jamie Urquhart, one of the founders of Arm, in Cambridge this week. He was despairing of the government's long-term vision for tech and innovation. https://twitter.com/...
  • @chepker Caroline Hepker on x
    Bloomberg just broke a BIG UK tech story: Arm won't be listing in the UK, despite government lobbying. https://www.bloomberg.com/...
  • @chepker Caroline Hepker on x
    Although Softbank made no secret of wanting the valuation and deep pockets of US markets & investors, it is still troubling that the UK is not following through.
  • @leeminjeong83 Min-Jeong Lee on x
    SoftBank-owned chip designer Arm has decided against selling shares on the London Stock Exchange for now and will instead focus on a sole listing in New York. Arm is keeping its headquarters in Cambridge, England Latest from @athomson6 & @RuthsDavid https://www.bloomberg.com/...
  • @kitty_donaldson Kitty Donaldson on x
    New: A blow to Rishi Sunak after his lobbying failed to convince tech giant Arm to sell shares on the London Stock Exchange. https://www.bloomberg.com/...