Apple Signs New Deal With SoftBank-Owned Arm for Chip Technology, IPO Documents Say

[ad_1] Apple has signed a new deal with Arm for chip technology that “extends beyond 2040,” according to Arm’s initial public offering documents filed on Tuesday. Arm unveiled pricing on Tuesday for what it hopes will be a $52 billion (roughly Rs. 4,31,951 crore) initial public offering, which would be the largest such deal in … Read more

Softbank-Owned Chip Firm Arm Reveals Filing for Blockbuster US IPO: Details

[ad_1] SoftBank Group’s Arm Holdings reported a 1 percent fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public offering (IPO) that is expected to be the largest of the year. Arm’s stock market launch is expected to bring back to life a … Read more

SoftBank Said to Have Bought Vision Fund’s Stake in Arm for $64 Billion

[ad_1] SoftBank Group has acquired the 25 percent stake in Arm it does not directly own from its Vision Fund unit in a deal that values the chip designer at $64 billion (nearly Rs. 5,32,350 crore), according to people familiar with the matter.  Details of the transaction will be unveiled on Monday when Arm makes … Read more

MediaTek Says It Will Use Arm’s Latest Mobile Chip Technology for Next-Generation Smartphones

[ad_1] Arm on Monday rolled out new chip technology for mobile devices and Taiwan smartphone chip maker MediaTek said it will be using it for its next-generation product. MediaTek, a longtime supplier of low- and mid-tier smart phone chips, has been pushing into the market to supply chips for premium smartphones, once dominated by rival … Read more