Last year, Arm, the U.K.-based chip design company owned by Japan’s SoftBank, ceded control of its Chinese operations to a consortium of local investors including China’s sovereign wealth fund. Now, that joint venture, Arm China, is playing a key role in the country’s effort to reduce its dependence on foreign technology, according to a report by Nikkei Asian Review. Arm China has doubled its...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Exclusive startups e-commerce
Sequoia Capital China Buys Discounted Stake in Prominent E-Commerce App
Sequoia Capital China recently acquired a stake in Chinese social e-commerce app Xiaohongshu from existing investors at a discount to the company’s most recent equity financing valuation, according to three people with knowledge of the matter. Sequoia China, which is preparing to separate from Silicon Valley’s Sequoia Capital next year, bought the Xiaohongshu shares earlier this...
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive google semiconductors
To Reduce AI Costs, Google Wants to Ditch Broadcom as Its TPU Server Chip Supplier