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    HYBE’s Bang Si-hyuk wins Clive Davis Visionary Award at Billboard Power 100 event

    HYBE’s Bang Si-hyuk wins Clive Davis Visionary Award at Billboard Power 100 event

    Girl group STAYC to release Korean version of Japanese single ‘Poppy’

    Girl group STAYC to release Korean version of Japanese single ‘Poppy’

    K-pop girl group Twice to release new EP ‘Ready To Be’ in March

    K-pop girl group Twice to release new EP ‘Ready To Be’ in March

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    Boy band TNX to release second EP ‘Love Never Dies’

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    ITZY adds another date to Hong Kong concert schedule

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    YG unveils sixth member of BabyMonster, confirms group will have 7 members

    Tomorrow X Together’s latest EP surpasses 2 million in sales

    Tomorrow X Together’s latest EP surpasses 2 million in sales

    Spotify releases listening statistics for K-pop category

    Spotify releases listening statistics for K-pop category

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    Rapper nafla under investigation for draft evasion

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SoftBank CEO to visit Seoul, seek alliance with Samsung Electronics for Arm selling

J by J
September 22, 2022
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SoftBank CEO to visit Seoul, seek alliance with Samsung Electronics for Arm selling

SoftBank Group CEO Masayoshi Son speaks at a conference in London in 2016. [REUTERS]

SoftBank Group CEO Masayoshi Son speaks at a conference in London in 2016. [REUTERS]

 
SoftBank Group CEO Masayoshi Son will visit Seoul next month to form a partnership with Samsung Electronics over its selling of British chip designer Arm.
 
“I’m looking forward to the trip,” Son was quoted as saying by Bloomberg. “I want to discuss a strategic alliance for Arm with Samsung.”
 
The form which the partnership will take remains unclear.  
 
The chip design company, which is based in Cambridge, Britain, has been put up for sale by SoftBank and is now set to be listed after a $40 billion acquisition by Nvidia fell through due to regulatory concerns.
 
Samsung Electronics Vice Chairman Lee Jae-yong said on Wednesday that Son may bring up the issue of the Arm deal next month, without elaborating further.  
 
The Japanese company intends to take Arm public, but the listing process has become the subject of considerable discussion. British authorities are pushing for a dual New York-London listing rather than just a single listing in the United States.

BY PARK EUN-JEE [park.eunjee@joongang.co.kr]

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