Re:Arm China Has Gone Rogue
by fnord77 on Friday August 27, 2021 @04:35PM
(#28332699)
so, the Tesla subsidiary in china is 51% chinese owned?
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Re:Arm China Has Gone Rogue
by evancox100 on Friday August 27, 2021 @07:53PM
(#28334264)
No actually, I think Tesla is one of the few foreign companies who has been able to operate there without the JV requirement.
Edit: backing this up with a link https://www.google.com/amp/s/www.forbes.com/sites/greggardne...
Re:Arm China Has Gone Rogue
by thesausageking on Friday August 27, 2021 @07:55PM
(#28334275)
Yes. All companies that operate in China have to be 51% domestically owned. Often they're setup so the parent company keeps all of the IP but as the Arm situation shows, that only gives the parent so much power.
> All companies that operate in China have to be 51% domestically owned.
this is not true - there is a type of legal entity called a Wholly Foreign Owned Enterprise (WFOE). It is only allowed for certain lines of business, of course, which wouldn't include anything of strategic importance to China.