Arm disagreed with SemiAnalysis analyst Dylan Patel, who called the actions of the Chinese joint venture Arm China “the semiconductor heist of the century.” As a reminder, the Arm China division has formally gone completely out of the control of the former owners. British processor developer Arm, owned by Japanese investment conglomerate SoftBank, holds a minority stake in Arm China. The Chinese joint venture is led by Allen Wu and recently unveiled the rebranding of Arm China, as well as plans to develop a company that is now completely independent from Arm. The British side is in favor of his resignation from the post of head of the company, but even with a majority of the board of directors’ votes, it is powerless to take any action, since Mr. Wu holds the seal and statutory documents, and under Chinese law he remains the head of Arm China. At the moment, the British are trying to normalize the situation through the Chinese courts and other government departments, but do not consider what is happening as a tragedy. Company representatives commented on the situation to the British edition of The Register: “Arm continues to maintain a successful working relationship with the Arm China team and maintain its growth, the structure and ownership of the JV has remained unchanged since its inception in 2018. Arm has seen significant business growth, with our partners worldwide shipped over 25 billion Arm chips in 2020. Of these 25 billion chips, more than 3 billion were supplied by our partners in China “. Arm China is currently considering the possibility of opening new business areas, which means that the joint venture continues to work with Arm projects. Therefore, the word “robbery”, apparently, is actually not entirely accurate. This is more like insubordination, a violation of command, or even an attempted rebellion. If Arm China ditches the Arm architecture, it will be doing itself a disservice, as the developer’s ecosystem is truly comprehensive. It is unlikely that device makers and software developers would even consider exploring the intricacies of a new player architecture with a small market share. In addition, such a move would block all export opportunities for the Chinese division, given the demand for Arm technology. Even with hypothetical support for the actions of Arm China from the Chinese authorities, which could show interest in creating self-sufficient solutions and accelerate their adoption within the country, this would significantly complicate the implementation of the government’s strategy – including processing big data and the development of fifth-generation networks. If you notice an error, select it with the mouse and press CTRL + ENTER.