It turns out that Apple will continue to partner with Arm until 2040 or later, in application documents for a large IPO project worth 7.67 trillion yen
On September 5, 2023, according to the documents Arm submitted to the regulatory authorities for the initial public offering (IPO) procedure, the company and Apple had signed an agreement to extend the partnership on chip technology beyond 2040. I understand.
Apple inks new long-term deal with Arm for chip technology, according to filing | Reuters
Apple & ARM's chip partnership will continue for decades
https://appleinsider.com/articles/23/09/05/apple-arms-iphone-mac-chip-partnership-will-continue-for-decades
The SoftBank Group, which owns Arm, announced on the 5th that it plans to list 95.5 million shares of Arm's American Depositary Shares (ADS) at 47 to 51 dollars (about 6936 yen to about 7527 yen) per share.
Arm's market capitalization is expected to be more than $ 52 billion (about 7.67 trillion yen), and so far it is expected to be the largest listing in the US market in 2023.
In addition, documents submitted by Arm to regulatory authorities for this application reveal that the company and Arm have entered into a new contract related to chip technology that will extend beyond 2040.
In a filing , Arm said, 'We are continuing our long-standing collaboration with Apple by entering into a new long-term agreement with Apple that extends beyond 2040, giving Apple continued access to the Arm architecture. We will provide it.”
Details such as the terms of the contract and the content of the agreement are unknown at the time of writing the article. The new deal between the two companies was not listed in the IPO filings made public on Aug. 21, prompting Reuters to confirm that the deal was signed between Aug. 21 and Sept. 5. It is suggested,' he said.
The relationship between Arm and Apple, which is based in Cambridge, England, is old and dates back to 1990 when Apple became a founding partner of Arm. In 1993 after the establishment of Arm, Apple released ' Apple Newton ' which is a personal digital assistant (PDA) equipped with a chip developed by Arm at the heart. Although the Newton itself was not a commercial success, Arm's low-power chips later became a key weapon in Apple's dominance in the mobile phone market.
Apple's innovative PDA 'Newton' 30th anniversary of birth, what is its development secret story? -GIGAZINE
by Grant Hutchinson
Since then, Arm has grown to own intellectual property on the computing architecture of most smartphones in the world, and has licensed it to many companies, including Apple. Arm technology is also used in the design of the original custom chips for Apple's flagship iPhone, iPad, and Mac.
In response to an interview by Reuters, Arm refused to comment beyond the submitted documents, and Apple said it had not responded to a request for comment at the time of writing the article.
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