ARM China Seizes IP, Relaunches As an 'Independent' Company

New submitter TomGreenhaw writes: This should be very concerning for tech companies that operate in the Chinese market. 'It is not clear how much pressure was put on SoftBank to form the merger, but this looks like one of the most blatant examples of IP theft that we've seen. The Chinese arm of a company has gone rogue and refused to obey the ruling of its own board. The head of that company is essentially treating it as a personal fiefdom, and Chinese authorities do not appear to have taken meaningful action to reign in Mr. Wu.'

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