Arm China CEO goes rogue after being fired

Discussion in 'Graphics and Semiconductor Industry' started by Kaotik, Jul 30, 2020.

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  1. Kaotik

    Kaotik Drunk Member
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    Couldn't find dedicated thread for Arm here, so here goes on this specific matter - mods can alter the thread to be general Arm execution thread if they see it fit.

    Arm China's ex-CEO Allen Wu has gone rogue after being fired. He has recruited outside security company to keep Arm's people out of Arm China premises. Apparently in China as long as you have the company's official "stamp", you have the company, and he didn't give his up when he was fired. He got canned after creating a new investing firm that according to Arm directly competes with them.

    According to Arm he's trying to spread misinformation within Arm China and create atmosphere of fear among the workers. He's also blamed for interfering with communications between Arm and Chinese semiconductor industry. According to Arm China none of this is true and Wu is open for discussions.

    Both parties have contacted Chinese government to solve the situation.

    https://www.bloomberg.com/news/arti...china-venture-ex-ceo-of-blocking-its-business
     
  2. MfA

    MfA
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    Haha, delicious.

    Think the guy overplayed his hand though, he might have enough corrupt pull locally but once the national communist party gets wind I think he'll get stomped. This would be the end of multinational engagement in China otherwise and I don't think China is ready to go cold war just yet.
     
  3. tongue_of_colicab

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    Would it? So far blatant copying, patent infringement, privacy and basic human right violations etc. have done absolutely nothing to refrain from companies wanting to do business with China. Since capitalism requires a never increase in profit (for stakeholders) no company is going to leave a market with a billion+ people unless they are forced to.

    China knows this which is exactly why they require foreign companies to "partner" with a Chinese (state controlled) company and grab all the IP in the process.
     
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  4. digitalwanderer

    digitalwanderer Dangerously Mirthful
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    Oooh, this sounds juicy/fun! Gonna watch this thread, thanks!
     
  5. Kaotik

    Kaotik Drunk Member
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    I don't have Financial Times subscription, but translating from another forum:

    According to Financial Times Wu has been offering chinese companies discounts for chips bought via Arm China, as long as they also invest in his new investment fund. They also report that two members of the Arm China board of directors are involved in the same investment fund.
    Reportedly there's also more than 1 company Wu is involved in that conflicts with Arm China's business.

    https://www.ft.com/content/dc55d4c9-1065-4db0-98a4-f7f0c1de563b

    --
    Also, some speculate that this timing fits pretty conveniently with British government deciding to drop Huawei's 5G equipment
     
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  6. MfA

    MfA
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    It's about the devils you know. China was a predictable partner before who traded steady theft of knowhow with low cost production, letting this happen would make it a completely unpredictable shithole.
     
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