November 13, 2018 / 10:57 AM / in a month

ARM Holdings to invest $1.4 billion-plus on Sichuan project: Xinhua

BEIJING (Reuters) - Chip design company ARM Holdings’ Chinese subsidiary has signed an agreement with southwestern Sichuan province for a more than 10 billion yuan ($1.4 billion) research and development project, the official Xinhua news agency reported on Tuesday.

ARM, owned by Japan’s Softbank Group, will build a new complex on a site of about 200,000 square meters for microchip research and development, the report said.

($1 = 6.9576 Chinese yuan renminbi)

Reporting by Beijing Monitoring Desk; Editing by David Goodman

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below