Industry

Arm's conflicts in China will complicate Nvidia's reported efforts to buy it from SoftBank

Posted On: Aug 4, 2020   |   Posted By: Business Insider

Arm's conflicts in China will complicate Nvidia's reported efforts to buy it from SoftBank

Arm and Arm China are reportedly engaged in a tense corporate governance conflict.
And Arm losing control of its joint venture will complicate Nvidia's reported efforts to buy Arm from SoftBank.
UK-based chip designer Arm appears to no longer be in control of its joint-venture business unit, Arm China. In May, Arm fired Allen Wu, the head of Arm China, but Wu refused to acknowledge the decision and has continued overseeing operations of the business unit, according to Bloomberg.
Arm China also reportedly won't let members of the UK parent entity onto its premises. Last week, Arm China issued a statement reaffirming its commitment to "empowering the foundation of China's semiconductor industry." Meanwhile Arm has attempted to exude a calm and confident air, telling Nikkei Asian Review: "The Arm China board is working closely with government authorities to peacefully resolve the current issue and ensure Allen Wu is unable to commit further harmful or disruptive actions."
The internal strife between Arm and Arm...

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