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SoftBank-owned Arm ousts CEO of Chinese joint venture

U.K. chip designer pushes to take control of Arm China ahead of planned IPO

Arm sold a majority stake in Arm China to a group of local investors in 2018. (Photo courtesy of ARM)

TOKYO -- SoftBank Group-owned U.K. chip designer Arm said it has replaced the CEO of its Chinese joint venture after a two-year dispute over control of the unit that threatened to complicate a planned initial public offering.

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