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Arm transfers most of its Arm China shareholding to Softbank

April 1, 2022
Source: design-reuse.com design-reuse.com
News Snapshot:
Always-on Voice Activity Detection interfacing with analog microphones By David Manners, ElectronicsWeekly (March 30, 2022) Arm is transferring most of its stake in Arm China to owner Softbank to facilitate its IPO planned for next March. Arm will end up with less than 20% of Arm China with Softbank holding 28%. A majority stake is held by Chinese investors. After the transfer, Arm China will be treated as a licensee rather than a subsidiary of Arm and as an uncontrolled affiliate for accounting purposes. Click here to read more ... © 2022 Design And Reuse All Rights Reserved. No portion...
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China Tech Buzz Topics: accounting | ARM | China | Chinese | ipo | Softbank | subsidiary | voice

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