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The king of mobile chips is laying off 20% of its headquarters

via:快科技     time:2022/10/6 12:01:45     readed:103

As the king of mobile chips in the world, ARM has had a difficult time in the past two years. Although Apple, Qualcomm, Samsung, Mediatek and other customers are using their IP licenses, the demand for PCS and computers has fallen sharply this year, and SoftBank, the parent company, lost too much money, and Masayoshi Son, Japan's richest man, could not survive, so ARM has to consider layoffs.

According to British media reports, ARM has reduced its headcount at its UK headquarters by 20%,Yet the result is a clear breach of Mr Son's promise when he bought ARM a few years ago, when SoftBank promised to invest more in Britain and increase its talent pool.

The challenge for ARM is not just falling demand for chips. SoftBank, its parent company, has lost too much money in recent years. In August, SoftBank reported a loss of 3.16 trillion yen, up from 2.1 trillion yen in the previous quarter. That meant SoftBank posted its biggest quarterly loss ever for the second straight quarter.

SoftBank blamed plummeting market valuations of the Vision Fund's portfolio and foreign exchange volatility,On his next steps to revive the company, Mr. Son, 64, said he would cut costs across the board.

For SoftBank, ARM acquired with 32 billion dollars in 2016 has become a hot potato. ARM has low revenue and profit. It was originally sold to NVIDIA at 40 billion dollars in 2020, but was opposed by the FTC of the United States and the deal fell through.

SoftBank still wants to sell ARM. The latest rumor is that Samsung is preparing to combine multiple companies to take it over. Mr Son and Lee Jae-yong, Samsung's chief executive, will meet soon to talk about it.

日本首富“失血”严重 移动芯片之王ARM总部也要裁员20%了

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