ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
SoftBank

Arm scraps transfer of Internet of Things units to SoftBank

UK chip designer to keep businesses as subsidiaries

Arm, SoftBank's U.K.-based chip design unit, has canceled plans to transfer its IoT and data analytics businesses to the parent company, opting instead to let them operate independently.   © Reuters

TOKYO -- U.K. chip designer Arm on Tuesday said it has scrapped the planned transfer of its Internet of Things businesses to parent company SoftBank Group.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more