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U.K. Chipmaker Arm in Boardroom Battle Over China Venture Control

2020年06月11日 19:38 来源于 财新网
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After board votes to oust CEO Allen Wu, Arm China declares Wu still in charge of unit of semiconductor designer caught up in China-U.S. tech confrontation
An employee enters the ARM Holdings Plc headquarters in Cambridge

SoftBank Group-backed Arm Ltd. clashed publicly with its Chinese joint venture over the unit’s leadership, shedding rare light on a power spat within the British computer chip designer.

In a statement Wednesday, Arm said the board of its China joint venture Arm China agreed to remove Chairman and Chief Executive Officer Allen Wu. Arm owns 49% of the China venture, and investors led by Chinese equity fund Hopu Investment hold the rest.

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