SoftBank considers strategic cooperation between Arm and Samsung

According to reports, Japan's SoftBank Group said that the company will discuss the formation of a strategic partnership between the British chip design department Arm and South Korea's Samsung Electronics.

"I would like to discuss a strategic alliance between Samsung and Arm," SoftBank Group Chief Executive Masayoshi Son said in a statement on Wednesday, as he was planning his first visit to South Korea in the past three years.

Son sees Arm as "the core of the core" of his investment group's business and sees the division's expansion as the group's top priority. With SoftBank Group's portfolio affected by a slump in global tech-related stocks, he is likely looking to pave the way for an Arm-Samsung partnership by visiting South Korea's semiconductor giant Samsung in person, which could accelerate Arm's growth.

Arm designs chips for the world's leading chipmakers such as Qualcomm and Intel, and about 90 percent of the world's smartphones contain Arm-designed chips. SoftBank Group has previously announced that it plans to have Arm listed as early as this year.

Post a Comment