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China To Look Into Nvidia’s $40B Arm Deal

By  |  September 16, 2020

China’s chip industry has urged Beijing to investigate Nvidia’s $40bn takeover of Arm, warning that the deal will hand the US control over key technology used in almost all mobile phone chips, reported the Financial Times. 

Zhu Jing, the vice-chairman of the Beijing Semiconductor Association said a US company cannot be trusted with ownership of Arm, whose energy efficient chip designs are used in 95 per cent of the chips designed in China.

 “Look at how the US is treating Huawei. If Arm is acquired by a US company, everyone will be worried,” Mr Zhu told The Paper, a Chinese state-owned newspaper.

The Global Times, another state-owned newspaper, also urged Beijing to intervene on Wednesday. “The possibility that Arm could be politicised as a US technology weapon against China’s technology companies must be taken seriously,” the editorial warned.

Full Content: Financial Times

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