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KM Financial Solutions | CORRECTED-SoftBank’s ARM cedes control of Chinese operations to local joint venture
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CORRECTED-SoftBank’s ARM cedes control of Chinese operations to local joint venture

05 Jun CORRECTED-SoftBank’s ARM cedes control of Chinese operations to local joint venture

Posted at 03:37h in News by
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TOKYO, June 5 (Reuters) – SoftBank Group Corp said
on Tuesday its subsidiary ARM Holdings will cede control of its
Chinese operations to a new joint venture with Chinese partners,
a move aimed at expanding its business in the country.

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