CPU developer HJMicro has secured nearly $120.0 million in an angel round and pre-A round of financing jointly led by Walden International, GL Ventures and CDH Venture and Growth Capital.
British chip design firm Arm has transferred shares in its Chinese joint venture Arm China, to a firm jointly held by Arm and Japan's SoftBank Group Corp., in a move that may speed up its plans to go public.
Arm China’s executive chairman and CEO, Allen Wu's dismissal on 10 June triggers questions about its corporate control.
Huawei takes another heavy hit as ARM Holdings, a British semiconductor and software design company, cuts ties with it to comply with U.S. sanctions.
Since the start of the China-U.S. trade war, the United States has repeatedly attacked China’s weaknesses, letting more and more Chinese realize the importance of China-made chips. On May 1, Arm Holdings, a British multinational semiconductor and software design company owned by the Japanese SoftBank Group, announced an Arm joint venture in China.