Arm China 'doing well,' CEO says, even as SoftBank's Masayoshi Son reduces China exposure
Publishing timestamp: 2023-09-14 15:14:25
Summary
The article discusses the performance and potential of Arm's China subsidiary in data center and automotive applications. While Arm Holdings CEO Rene Haas believes the subsidiary is doing well, SoftBank CEO Masayoshi Son has reduced the company's exposure in China. Arm's dependence on Chinese customers and the impact of export controls and investment restrictions are also mentioned. SoftBank's reduced exposure may be more related to its own portfolios, including losses on its Vision Fund and pressure on TikTok owner ByteDance.
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Keywords: intel corp, breaking news: politics, nvidia corp, venture capital, masayoshi son, breaking news: technology, softbank group corp, david faber, arm holdings plc, business news, technology, politics, alibaba group holding ltd, breaking news, ipo, china,