City Of London

SoftBank-Owned Arm to Build Prototype Semiconductor, FT Says

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SoftBank-owned Arm Ltd. will work with manufacturing partners to develop its own semiconductor, the Financial Times reportedBloomberg Terminal Sunday, citing unidentified people briefed on the move.

Arm’s newest chip — on which it started work in the past six months — is said to be more advanced than previous test chips, according to the newspaper.