Arm is set to make prototype chip to attract new customers ahead of its IPO launch

Reportedly UK based semiconductor design company ARM is seeking to expand. And thereby looking for manufacturing partners. This is intended to create its own prototype semiconductor, the motive for utilization in mobile devices, laptops, and other electronics.

Also, the prototype chips are willful to demonstrate advances by the company. Therefore, it’s a try in order to enhance the company’s value and attract new customers before its IPO launch, which is later this year. The information is revealed by a report in the Financial Times.

Apparently, ARM has built a new solution engineering team, the aim is to lead the development of the new prototype chips. This team is led by Kevork Kechichian, who recently join ARM in February. The same company that earlier saw the development of the Snapdragon chip at Qualcomm.

In addition to this, the prototype chips are not for selling directly to devise makers, as per some sources. And if it’s doing so then it would change its position in the semiconductor industry.

The push to work relevantly closely with makers is happening as Arm. Presently, the majority is owned by Softbank, and it plans to come up with an IPO. Also, as announced by the company, it would launch an IPO last year. This is after a scheduled deal to be taken over by Nvidia. Probably, ARM is more likely to file registration documents for its IPO with the US Securities and Exchange Commission soon.

Chip trade war continues to heat up

ARM’s initiative to strengthen ties to makers also comes into light when geopolitical turbulence is disrupting the global chip market. As it results companies seek a solution. Intended to improve the security and continuity of the semiconductor supply chain.

Whereas, in the recent update on the ongoing US-China semiconductor trade war, the US said South Korea to not fill the market gap. The same would arise if Beijing implies through on its threat to ban the US-based memory chip maker Micron’s products.

On March 31, the Chinese government issued a statement that said a review of Micron is being undertaken “in order to ensure the security of the key information infrastructure supply chain, prevent network security risks caused by hidden product problems, and maintain national security,” according to a machine translation of the announcement.

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