Arm China CEO asserts semiconductor joint venture’s right to pursue an IPO independent from its SoftBank-owned British parent

//Arm China CEO asserts semiconductor joint venture’s right to pursue an IPO independent from its SoftBank-owned British parent

Arm China CEO asserts semiconductor joint venture’s right to pursue an IPO independent from its SoftBank-owned British parent

The defiant head of Arm China, the mainland joint venture of British semiconductor design company Arm, asserts that the Chinese firm may go public in either Shanghai or Hong Kong after 2025, weeks after the SoftBank Group Corp-owned UK tech outfit revealed its initial public offering (IPO) plan.Allen Wu, the chairman and chief executive of Arm China, told the South China Morning Post that the firm’s Chinese shareholders, who control 51 per cent of the Shanghai-based joint venture, have the…

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By | 2022-02-25T13:30:12+00:00 February 25th, 2022|Technology|Comments Off on Arm China CEO asserts semiconductor joint venture’s right to pursue an IPO independent from its SoftBank-owned British parent