SoftBank’s Arm plans to set up chip design facility in South Korea
By
Binu Mathew
SEOUL: South Korea’s industry ministry and SoftBank’s chip unit, Arm Holdings, have signed an agreement to strengthen the country’s semiconductor and Artificial Intelligence sectors, a presidential policy adviser said on Friday.
The memorandum of understanding includes a plan for Arm to set up a chip design school in the country to tap its expertise in this area, Kim Yong-beom told reporters at a briefing.
