China stalls Softbank deal to hang on to Arm

By news@appleinsider.com (William Gallagher) Ten months after Arm filed to transfer ownership of its Arm China subsidiary to Softbank so it could pull out of the country, Chinese regulators are reportedly delaying the paperwork in order to keep the country’s connection to the chip design firm.Arm’s division in China has already been a thorn in its hopes to go public in the US, over …

Source:: Apple Insider