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.
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> 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.