SoftBank seeks US clarification on Huawei’s trade ban as it aims to re-list chip design firm ARM

//SoftBank seeks US clarification on Huawei’s trade ban as it aims to re-list chip design firm ARM

SoftBank seeks US clarification on Huawei’s trade ban as it aims to re-list chip design firm ARM

Masayoshi Son, the founder, chairman and chief executive of Japanese conglomerate SoftBank Group Corp, says he wants to re-list ARM Holdings within five years, reintroducing stock markets to the British semiconductor design firm that his company bought for US$32 billion in 2016.Tokyo-based SoftBank has not yet decided where the public offering will be held, Son said at the G2 and Beyond Conference in Taipei on Saturday.At the same event, Son said ARM is complying with the US government’s…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-06-24T08:10:27+00:00 June 24th, 2019|Technology|Comments Off on SoftBank seeks US clarification on Huawei’s trade ban as it aims to re-list chip design firm ARM