ARM Chinese division is preparing to appoint a new general director

The British Holding ARM in China realizes its interests through the joint venture of ARM China, and after the story with the expulsion of the “stuck” former general director Allen Wu (Allen Wu), it was ruled at once by two leaders who combined this position with other duties on the side. Now ARM China is preparing to get a permanent and only general director.

Image Source: Arm

It is reported by Bloomberg with reference to the sources familiar from the board of directors. Since the New Year holidays have now begun in China, the corresponding official statement will be made next week or later. To head the Chinese joint venture of the British Holding ARM will be entrusted to the former head of the Chinese developer of the Rockchip Electronics processors Chen Feng. At the same time, the current two CEOs of ARM China represented by Liu Renchen (Liu Renchen) and Eric Chen will release the appropriate post. The chairman of the board of directors ARM China is Fan Fenglei, founder of Hopu Investment Management.

Liu Zhenya and Eric Chen led the ARM China since 2022, after the expulsion of the control of this structure Allen Wu, nominally dismissed two years before. According to the sources acquaintances with the situation, there has been some vacuum in the ARM China management, since both general directors were distracted by their duties in third -party structures. Liu is connected with the research institute in the structure of the University of Qinghua, and Eric Chen is not only the managing partner of the Vision Fund of the SoftBank maternal corporation, but also the founder of Paritybit Technologies.

The appointment of Chen Feng on the post of head of ARM China will take place in a turning point for the industry. On the one hand, in China and beyond, artificial intelligence systems are actively developing, which need hardware for the implementation of related calculations. On the other hand, the coming to power in the USA Donald Trump creates geopolitical challenges for the entire Chinese semiconductor industry. Representatives of ARM did not comment on the corresponding publication of Bloomberg.