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SoftBank's 'flip' of Arm Holdings reflects Son's short-termism

Sale leaves British chipmaker vulnerable in a polarized world

| Japan
The sale of Arm underlines Son's failure to create true value at the company.   © Reuters

Lionel Barber is former editor of the Financial Times and chairman of the Tate art galleries.

When SoftBank's founder Masayoshi Son snapped up semiconductor manufacturer Arm Holdings for $32 billion in July 2016, the reaction in Britain was at best lukewarm.

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