250M

Blog

A Country’s ‘Radical Approach’ to Chip Production Includes New $250M Deal

Image: ellinnur/Envato Elements With an eye toward boosting Malaysia beyond chip assembly and into more lucrative semiconductor production, Arm Holdings Plc will provide the Southeast Asian country with chip designs and technology. The Malaysian government will pay the Softbank Group-owned Arm $250 million over a 10-year period for semiconductor-related licenses and access to intellectual property. Deal includes training 10,000 chip…