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
     
  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.
     
  7. Kyyla

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  8. Kaotik

    Kaotik Drunk Member
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  9. pharma

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    What a complete mess! Highly doubt China court system will do anything.
     
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  10. MfA

    MfA
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    Another reason why NVIDIA should buy ARM. The US can standup for ARM and win, China doesn't like bowing to the US but it will when it comes down to it ... if Japan tried to push the issue it would escalate.
     
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  11. Silent_Buddha

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    Considering who is in the White House, right now, I wouldn't be so sure about that. Then again, I'm not sure even that matters with China's posturing and attempting to provoke the US into going to war with them by attempting to get the US to fire the first shot in an altercation so that China can claim that the US are the aggressors.

    Talking with my relatives in Japan and Taiwan, after how the US has handled the situation in Afghanistan, they are all now fearful that Taiwan will be under Chinese control in a few years. Basically they no longer trust the US with who we have in charge.

    Regards,
    SB
     
  12. Panino Manino

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    Nonsense, this withdraw was negotiated by the previous guy. I thought the whole world understood well that US had returned to "business as usual", and by business I mean imperialistic military expansion.
     
  13. Remij

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    I say they settle this like men...








    ...with an Arm wrestle. :-D
     
  14. MfA

    MfA
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    If the US wanted to fire a shot, they'd get Taiwan to fire an antiship missile. Plausible deniability.

    But I'm not talking about applying military force, but economic force. Like the Iran sanctions showed, when it comes right down to it the whole world including China yields to US power when they get serious. Though it hurts their ego, they can take yielding to the US ... no matter how painful the economic damage is, even if it hurts China much more, they'll never yield to Japan.
     
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