Arm's path to IPO smoothened after its Chinese JV ousts CEO

Arm's path to IPO smoothened after its Chinese JV ousts CEO

Nanshan District, Shenzhen City, China. Photo by Pinnacle Height on Unsplash

Arm Ltd said on Friday its Chinese joint venture had replaced its CEO, marking a major step towards resolving a two-year long dispute that had threatened to derail the UK-based chip designer’s plans for a stock market listing.