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Arm Holdings, the chip technology firm owned by SoftBank Group Corp, on Tuesday pushed deeper into the automotive world with chip aimed at handling the streams of sensor data expected to help self-driving cars eventually navigate the roads, pushing further into turf being contested by Intel Corp and others. Arm's newest chip design is called the Cortex-A65AE, expected to hit markets in 2020, and is designed around the idea of being able to handle the stream of data from a self-driving car's sensors in near real-time, but with new safety features intended to make the chips better suited to cars, where glitches that are minor annoyances in consumer electronics could lead to crashes. Arm is best known a supplier of chip technology to mobile phones.
(Reuters) - British chip designer Arm Holdings Chief Executive Officer Simon Segars has pulled out of the Saudi Arabia investment conference this week, a source familiar with the matter told Reuters on ...
Arm Holdings has hired 1,000 staff in the past year following its £24bn sale to Softbank, as the Japanese giant continues to boost investment in the microchip company.
TOKYO/HONG KONG (Reuters) - British chipmaker Arm Holdings, a unit of SoftBank Group Corp, will cede control of its Chinese business to a group of local investors in a $775 million deal. Arm will be selling the 51 percent of Arm Technology China to a consortium led by Hou An Innovation Fund, which is jointly managed by ARM and Chinese private equity firm Hopu Investments, a source close to the deal told Reuters. The deal will help boost opportunities for Arm in China, SoftBank said in a statement on Tuesday.