“For starters, SoftBank just bought a critical part of the world’s computing infrastructure,” Wong writes. “ARM’s chip designs are in 95% of the world’s smartphones, including Apple’s iPhones. ARM designs have provided the foundation for Apple’s A-series chips, which power its phones and tablets.”
Wong writes, “The ARM deal would give Softbank a central position in the world’s mobile computing ecosystem and a front-row seat to the Internet of Things, which the world’s chip-makers hope presents the next great proliferation of processors.”
Read more in the full article here.
MacDailyNews Take: Softbank is making a smart bet.
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Softbank to acquire Apple chip designing partner ARM for $32 billion – July 18, 2016