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Arm's China joint venture ensures access to vital technology

Document also reveals chip venture seeks to outsell SoftBank-owned parent

HONG KONG/TAIPEI -- The China joint venture by chip designer Arm Holdings and Chinese investors has big goals: to surpass its British parent in revenue by 2025 and ensure easier access to critical semiconductor technology for the world's No. 2 economy, according to people familiar with the matter.

A document obtained by the Nikkei Asian Review from an industry source familiar with the venture -- known as Arm mini China -- projects revenue of $1.89 billion by 2025, topping parent Arm's fiscal 2016 sales of $1.68 billion, thanks to the booming market for connected devices.

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