Why Arm’s Chip Technology Endangers SoftBank Deal: QuickTake

One of the most influential companies in the tech industry is unknown to most consumers. U.K.-based Arm Ltd. designs key parts of the chips that power almost every smartphone on the planet. Its status has brought a potential windfall for its Japanese owner, SoftBank Group Corp. — and a big problem. The predicament shows how vital a company founded as a 12-person venture three decades ago has become to the digital economy.

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