Disclaimer: We may earn a commission if you make any purchase by clicking our links. Please see our detailed guide here.

Follow us on:

Google News
Whatsapp

SoftBank CEO Intend to Create a Strategic Alliance Between Samsung and ARM

Join the Opinion Leaders Network

Join the Techgenyz Opinion Leaders Network today and become part of a vibrant community of change-makers. Together, we can create a brighter future by shaping opinions, driving conversations, and transforming ideas into reality.

ARM is one among the few belonging to aristocratic branches to construct top-tier processors. Albeit Samsung and SK Hynix were in boondocks in the acquisition of the chip manufacturer ARM, Samsung may retreat due to the whooping acquisition price. Inversely, there was also an antitrust issue in the sensitive obtainment of ARM.

This was reported a few months back. Still, the new reports from Business Korea suggest that SoftBank CEO Masayoshi Son is setting out for a strategic alliance between Samsung and ARM.

According to the report from Business Korea, Masayoshi Son said on September 21;

I’m planning to visit South Korea. I’m excited to see Korea for the first in three years. “I’d like to talk with Samsung Electronics about a strategic alliance with ARM,” 

Story of Strategic Alliance Between Samsung and ARM

So the story goes that the Softbank CEO is visiting Seoul in October this year. Apparently, there was no absolute indication given by SoftBank on the Seoul Visit or what the strategic alliance would be either.

ARM is a widely and wisely known chip manufacturing company with IP power that outstrips over 90% of the mobile phone chips in the industry globally. SoftBank has been playing a climacteric role in the industry with the acquisition of ARM. SoftBank bought ARM in 2016 for $32 billion, bagging a 75% stake in the firm. At the same time, the remaining stake is under the management of ARM.

Even before Samsung, Nvidia, a US-based chip manufacturing company, had shown keen interest in buying ARM in 2020. However, the acquisition failed to reach the terms due to persistent regulation issues and antitrust problems. Few reports suggest that Son will show a different way to Samsung to reach the destination. He might offer Samsung’s equity investment in ARM in the place of direct acquisition, which will cost several hundred steps to achieve.

Join 10,000+ Fellow Readers

Get Techgenyz’s roundup delivered to your inbox curated with the most important for you that keeps you updated about the future tech, mobile, space, gaming, business and more.

Recomended

Partner With Us

Digital advertising offers a way for your business to reach out and make much-needed connections with your audience in a meaningful way. Advertising on Techgenyz will help you build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Power Your Business

Solutions you need to super charge your business and drive growth

More from this topic