The informed sources also stated that the joint venture company also plans to list Chinese A-shares. It is reported that the joint venture company is named 'Arm mini China' and headquartered in Shenzhen. Chinese investors account for 51% of the shares, while ARM has the remaining 49%. The joint venture will take over all of ARM's operations in the Chinese market, including licensing and royalties.
ARM is one of the most influential chip technology providers in the world. At present, about 90% of global mobile devices are using ARM's chip technology. Apple, Samsung, Huawei, Qualcomm, Broadcom and MediaTek etc. all need to obtain from ARM. Technical authorization.
Analysts said that the establishment of the ARM China joint venture company is also a breakthrough in the chip field in China. At present, China is vigorously developing its own semiconductor industry to reduce its dependence on foreign suppliers. Especially after the incident was blocked by ZTE, China It is even more aware of its urgency.
ARM has not announced its sales data in the Chinese market, but according to analyst estimates, about 25% of the company’s revenue comes from China. Rene Haas, executive vice president of ARM, said that ARM’s business growth in the Chinese market Faster than any other country, it is expected to become the largest ARM market within five years.
It is unclear whether the joint venture’s pricing structure is different from that of the parent ARM and how many employees are transferred to the joint venture company.
In addition, the joint venture also plans to conduct an IPO in China (initial public offering). In early April, it was reported that the ARM China joint venture company will soon land on the A-share market during the year.