Softbank boss Masayoshi Son devotes himself to growing ARM for the next few years
Japanese tech investment giant Softbank appears to be committed to keeping British-based chip designer Arm under its influence, after the parent company’s CEO and chairman, Masayoshi Son, pledged his life to growing the semiconductor subsidiary in its Q2 2022 earnings report last Friday.the CEO in a 25-minute flowery speech that opened Southbank’s earnings report opening remarks.“In the coming few years, I only like to focus on this thing.
In addition to pledging his focus to a unspecified outcome for Arm, Son also declared the speech to be his final appearance at financial results despite being “perfectly healthy.” The Japanese conglomerate has owned Arm since 2016 with a quarter stake going to Softbank Vision Fund, the parent company’s venture capital fund.
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