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The "risks" section is pretty interesting, e.g.: "Arm China is 25% of our revenue, but we have no control over them, they have failed to pay us in the past res
by moconnor 3y ago
The "risks" section is pretty interesting, e.g.:
"Arm China is 25% of our revenue, but we have no control over them, they have failed to pay us in the past resulting in us taking on additional costs to recover the money, also we have no way of knowing what they actually owe us and other than what they say, which has already been a problem"
- user20230822 3y agoHow do they manage IP if they have no control over them? I see a pretty big issue
- moconnor 3y agoAccording to the filing they have extremely limited ability to influence them and yeah it is a big issue.
- NickC25 3y agoWhich is terrifying - ARM's biggest risk in that regard is that ARM China can effectively shoot itself in the foot in the name of Chinese strategic/geopolitical/technological interests, and all their Chinese employees will have absolutely nothing to worry about.
- meragrin_ 3y agoI wonder if it would have been better for Nvidia to have bought ARM. Nvidia's cards might have been sufficient influence.
- Havoc 3y agoThey don’t. They’re proper rogue and being China there isn’t much you can do about it
- puzzlingcaptcha 3y agoThe "ARM China going rogue" story is so weird. Although supposedly Softbank restored control last year? [1] So I don't know where things stand at the moment. https://asia.nikkei.com/Spotlight/Caixin/In-Depth-How-SoftBank-wrested-back-control-of-Arm-China https://asia.nikkei.com/Spotlight/Caixin/In-Depth-How-SoftBa...
- NickC25 3y agothe article says that Wu is effectively still on the job, and Wu's own LinkedIn page claims he's still the boss there. Having myself been part of a joint venture with the Chinese (in the education space), and having a Chinese employee go rogue, I only advise against western firms (even large ones with clout) from engaging in such ventures. The Chinese will take control by any means necessary and bleed you dry from the inside.
- ac29 3y ago>Although supposedly Softbank restored control last year? Nope, the F-1 addresses this: "Neither we [Arm] nor SoftBank Group control the operations of Arm China, which operates independently of us. "
- deleted 3y ago[deleted]
- jrno639 3y agoARM learning the hard way what “49% ownership in a joint venture” really means.