According to Softbank’s chip design company Arm submitted Tuesday’s initial public offering documents, Apple has signed a new chip technology agreement with Arm, the agreement “will continue to be valid until after 2040”.
Arm on Tuesday announced the pricing of the $52 billion initial public offering, which will be the largest such deal in the United States this year.
Arm said in a filing that SoftBank Group plans to issue 95.5 million American Depositary Shares (ADSs) at a price of $47 to $51 per share.
Arm will license its IP to Apple and many other companies, and Apple currently uses Arm’s technology to customize the design of its iPhone, iPad and Mac chips.
In fact, Apple was one of the first companies to partner with Arm in 1990, and then released the sadly unsuccessful “Newton” handheld computer in 1993, which was based on Arm’s chip technology.
However, the East does not shine, Arm technology, although not to obtain the favor of the computer chip, but due to low power consumption and a series of factors later gradually dominated the field of mobile semiconductors.
It is worth mentioning that Apple is also one of the first large technology companies to invest in Arm’s initial public offering. However, Arm’s public IPO filing on August 21 did not mention this transaction, which means that the deal was signed between then and September 5th.
