安謀中國

Arm China head attacks latest plan to oust him from joint venture

Allen Wu says plans by the UK chip designer and its owner SoftBank Group to remove him are illegal

The head of Arm China has lashed out at Arm and its owner SoftBank Group as he fights their latest effort to oust him from the joint venture.

It comes after the UK chip designer on Wednesday moved to regain control of its China unit, with plans to submit paperwork in Shenzhen to replace Arm China’s head Allen Wu who grabbed control almost two years ago.

Arm will put forward the names of two new co-chief executives and has received an official sign-off to submit the paperwork, according to two people briefed on the matter.

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