British semiconductor and software design company Arm China joint venture CEO Wu Xiongang recently revealed in an interview with the media that the company plans to go public in Hong Kong or Shanghai, and the time frame is initially set after 2025.
According to Wu Xiongang, the company's China business has achieved its five-year goal since its establishment in 2018 and will hit $700 million in revenue in 2021.
As early as the end of 2020, Arm and its parent company, SoftBank Group of Japan announced an agreement to sell the company to U.S. chipmaker Nvidia, but due to a combination of factors, this plan failed earlier this month, and Arm subsequently announced plans listed.
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