ARM is a global core provider of integrated circuit design IP. It currently plans to set up a new China headquarters in Shenzhen with an investment of 10 billion yuan to conduct businesses in IP, AI research institutes, ecological headquarters and more in China. On December 26, 2017, ARM China completed changes of business registration with a registered capital of US$65 million.
In April 2018, ARM China set up its office in Nanshan and started operation. It is expected to bring 2.5 billion yuan of tax revenue and 50,000 jobs to Shenzhen in five years. Besides, it has also filled the gap in Shenzhen’s chip design IP, consolidated Shenzhen’s status as a powerhouse in China’s electronics industry, and greatly improved and led the industry chain of the integrated circuits and IoT ecosystem of China.