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SoftBank’s Arm to Drive Malaysia’s $270 Billion Chip Goals

Arm Holdings Plc has agreed to provide chip designs and technology to Malaysia over the next decade, to help catapult the Southeast Asian country beyond chip assembly and into more valuable semiconductor production.Malaysia, which packages roughly a tenth of the world’s semiconductors, has inked a pact to pay the SoftBank Group Corp.-owned UK firm $250 million over a period of ten years for a slew of semiconductor-related licenses and knowhow. The government plans to use that to aid local compan...

Read more at bloomberg.com

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