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ARM Holdings Vice President Ian Ferguson said China is a "massively important" market for his company. (Photo by Cheng Ting-Fang)
Business

SoftBank's ARM sees China overtaking US as its top market

The chip titan has huge hopes for connected devices

CHENG TING-FANG, Nikkei staff writer | China

BARCELONA, Spain -- ARM Holdings, the U.K.-based chip designer owned by Japan's SoftBank Group, regards China as "massively" important to its growth and believes the country will become its biggest market in a few years, a senior executive said Wednesday. ARM's microprocessor architecture powers more than 95% of the world's smartphones.

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