Arm China Joint Venture Reportedly Goes Rogue - or Not?
takyon writes:
Arm China appears to be fully independent of Arm
A recent Semianalysis article by Dylan Patel goes further claiming Arm China is now an independent company from Arm. [This is refuted - see below. --JR] It all started when SoftBank formed a joint venture where Arm Limited and the SoftBank subsidiary sold a 51% stake of the company to a consortium of Chinese investors with the venture having the exclusive right to distribute Arm's IP within China. They lost control of the company that way, but it was probably due to regulations as this type of law is common in Asia, and for instance, CNX Software Limited is a Hong Kong company instead of a Thai company, as foreigners can own 49% of a company, except for some expensive and time-consuming options.
The joint venture recently gave a presentation to the where they had plans to rebrand, develop their own IP, and operate independently from Arm. This is easy to see why once we learn the rest of the story... With the "power of the seal", Allen Wu ousted executives that were loyal to Arm and kept them out of the building with hired security. Arm stopped providing IP to Arm China, and Cortex-A77 core is the latest Arm IP available to Arm China. Neoverse, Armv9, Cortex-A78, and all other recent IP have not been shared with the Chinese entity.
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