According to reports, the ARM China joint venture company was put into operation at the end of April, and Chinese investors have 51% stake. The company will take over all of ARM's business in the Chinese market and plan to visit the A-share market in the future, with the fastest IPO during the year. ARM is one of the most influential chip technology providers in the world. Currently, about 90% of mobile devices in the world are using its chip technology. The founding of the joint venture company or a breakthrough made by China in the field of chips will enable the development of China's chip industry if it can obtain ARM technical support.
ARM is one of the most influential chip technology providers in the world. Currently, about 90% of the world's mobile devices are using ARM's chip technology. Companies such as Apple, Samsung, Huawei, Qualcomm, Broadcom and MediaTek need to obtain technology licenses from ARM.
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 that ZTE was banned, China even realized 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. According to Rene Haas, executive vice president of ARM, ARM's business growth in the Chinese market is faster than any other country and it is expected to become the largest ARM market within five years. In addition, there are also reports that the ARM China joint venture company landed in the A-share market at the fastest time during the year.