A host of risks stemming from China are casting a cloud over the chip designer's listing plans.
Wall Street bankers may be salivating at the upcoming flotation of Arm Holdings, the British company whose chip designs help power most of the world’s smartphones. Yet even though Arm has become the world’s dominant provider of a nearly indispensable product, it has a clear Achilles’ heel: its relationship with China.
With so-called ‘cornerstone’ investors including Apple, Google and Nvidia already signed up, Arm this week said it is aiming for a market capitalization of up to $52 b
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Bob Fu's relationship with China has gone through phases. First, he thought money would solve his problems there; then he joined protesters at Tiananmen Square, thinking the politics could change. In the end, he determined, only God could save China, and he's been fighting for religious freedom in China ever since he resettled in Texas. With his nonprofit, ChinaAid, prospering like never before, he says the U.S. is finally catching on.
A podcast about how the two nations, once friends, are now foes.
Hear why things are so complicated now. Host Jane Perlez, former New York Times Beijing bureau chief, talks with diplomats, spies, cultural superstars like Yo Yo Ma, and more to understand why the dangers are so high, and why relations went awry.