Home Computer graphics Qualcomm considering stake in Arm, CEO says

Qualcomm considering stake in Arm, CEO says

0








Cristiano Amon, CEO of Qualcomm

US chipmaker Qualcomm wants to buy a stake in Arm alongside rivals, CEO Cristiano Amon says The Financial Times.

The Financial Times reports that Qualcomm is interested in investing alongside its rivals and creating a consortium that would maintain Arms neutrality in the semiconductor market.

“We are interested in investing” Has my told the newspaper. “It’s a very important asset and it’s an asset that is going to be essential to the development of our industry.”

Should Qualcomm pursue its interests, Amon said investing alongside its rivals would help Arm stay afloat and ensure the chip design company would continue to invest.






Earlier this year, CommsWire reported that the Japanese multinational conglomerate Software bank dropped its agreement to sell Arm to computer graphics maker Nvidia, adding that Arm would plan an IPO instead.

According Mobile world liveQualcomm opposed Nvidia’s acquisition of Arm, arguing it was against fair competition.

Qualcomm’s plans to retain a majority stake in Arm have yet to be confirmed, according to reports.

This first appeared in the CommsWire subscription newsletter on June 2, 2022.

Please join our community here and become a VIP.

Subscribe to the ITWIRE UPDATE newsletter here
JOIN our iTWireTV our YouTube community here
BACK TO LATEST NEWS here

SONICWALL CYBER THREAT REPORT 2022

The last year has seen a meteoric rise in ransomware incidents around the world.

Over the past 12 months, threat researchers at SonicWall Capture Labs have diligently tracked the meteoric rise in cyberattacks, as well as trends and activity across all threat vectors, including:

Ransomware
Cryptojacking
Encrypted threats
IoT malware
Zero-day attacks and more

These exclusive findings are now available through the SonicWall Cyber ​​Threat Report 2022, which ensures SMBs, government agencies, enterprises and other organizations have the actionable threat intelligence needed to combat the growing wave of cybercrime.

Click the button below to get the report.


GET A REPORT!

PROMOTE YOUR WEBINAR ON ITWIRE

It’s all about webinars.

Marketing budgets are now focused on webinars combined with lead generation.

If you want to promote a webinar, we recommend at least a 3-4 week campaign before your event.

The iTWire campaign will include numerous advertisements on our news site itwire.com and a major newsletter promotion https://itwire.com/itwire-update.html and promotional and editorial news. Plus a keynote speaker video interview on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in promotional messages on the iTWire homepage.

Now that we are coming out of Lockdown, iTWire will focus on supporting your webinars and campaigns and support through partial payments and extended terms, Webinar Business Booster pack and other support programs. We can also create your advertisements and written content and coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

Kenn Anthony Mendoza

Kenn Anthony Mendoza

Kenn Anthony Mendoza is the newest member of the iTWire team. Kenn is also a contributing writer for South China Morning Post Style and has written articles on Korean entertainment, Asian and European royalty, millionaires and billionaires, and LGBTQIA+ issues. It has been published in Filipino newspapers, magazines and online sites: Tatler Philippines, Manila Bulletin, CNN Philippines Life, filipino star, Manila Timeand The daily forum. Kenn now covers all aspects of tech news for iTWire.com.