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Does ARM count as an alternative? I guess not since it's still mostly American companies actually producing products with the designs.
by kingosticks 6y ago
Does ARM count as an alternative? I guess not since it's still mostly American companies actually producing products with the designs.
- dijit 6y agoARM was entirely bought by Japans Softbank during the currency slump that followed the brexit referendum result[0], since then softbank has sold majority shares to Chinese companies[1][2]. ARM Holdings is predominantly Chinese now. [0]: https://www.theverge.com/2016/9/5/12798302/softbank-arm-acquisition-complete https://www.theverge.com/2016/9/5/12798302/softbank-arm-acqu... [1]: https://www.theregister.com/2018/06/06/softbank_offloads_51_per_cent_of_arm_china_for_a_bargain_7752m/ https://www.theregister.com/2018/06/06/softbank_offloads_51_... [2]: https://www.bbc.com/news/business-39204744 https://www.bbc.com/news/business-39204744
- kingosticks 6y agoApologies, I was answering in the context of an alternative to North American dominance in the CPU industry rather than European equivalents. But I didn't realise Softbank had sold on their $31bn stake. The BBC article states a $8bn chunk went to a Saudi-backed investment group, and the other sale was the majority stake of only ARM's Chinese subsidiary (worth $775.2m). From that it doesn't seem accurate to say ARM is now predominantly Chinese but maybe there are some other deals I also missed. To be honest, I lost interest once they sold to Softbank - 'in the country's interests' ha!