Hacker News Reader

Comment by xmly | Hacker News Reader

I wish the author can learn some Chinese before writing this article. And the related Chinese news was already there last year.

The thing is the pure ARM internal political conflicts.

ARM China CEO WU, a US citizen, claimed that he reported few high-level managers' corruptions and then he got fired by the ARM Softbank. ARM Softbank united with all board directors, including all Chinese investors, to fire Wu.

But when Wu franchised ARM China, he signed a voting agreement with large shareholders to make sure he can not be fired for no reasons. So he claimed the board voting was illegal and Chinese shareholder violated the voting agreement. So even Chinese shareholders want him gone, but he refused to leave.

View on HN

The last part of the article was not here last year. The last part and images are from an event they held recently. Notice the

"Before we get to the event they held and the significance of it, let’s do a recap."

He refuses to leave and he has the stamp. The 7-1 vote was even mentioned.

I would love if you could find those images from the event last year. You would need a time machine for that.

That represents an interesting twist in the story, but I don't seeing it affecting the conclusion - ARM has lost all control over their subsidiary (at least until the China judicial powers intervene). This couldn't have happened in a western country.

> This couldn't have happened in a western country.

Because control of the company is not determined by control of the company seal in Western countries, but it is in China. A legal technicality that the shareholders need to get the courts to address.

But there are also technicalities in Western company laws that need judicial intervention, like dealing with directors acting against shareholders' interests in English company law.

Source please? Those are extraordinary claims.

Chinese is totally fine.

而吴雄昂在此次采访中透露，他曾与厚朴投资达成一项协议，双方必须在所有涉及Arm中国的重大事项上保持“步调一致”，因此投票罢免他的决议无效。

https://www.guancha.cn/economy/2020_11_29_572945.shtml

Google translate: And Wu Xiongang revealed in this interview that he had reached an agreement with Hopu Investment, and the two parties must maintain "a consistent pace" on all major matters involving Arm China. Therefore, the decision to vote to remove him was invalid.

Sources? Those are extraordinary claims.

In english please

You might need to learn Chinese if you're interested in following Chinese business drama.

I take your point, but wouldnt categorize what looks like on paper the largest ever theft of intellectual property in the history of the world as "drama"

I would expect some western sources to back those claims. Otherwise they look like run of the mill chinese propaganda

You should seek Chinese sources on this Chinese business story if you want to get closest to the truth.

The xenophobia and racism in this thread is laughable, apparently all mainland Chinese are CCP agents who can't be trusted

People don't know who Dylan is. This guy has a history of seeking out negative spins on Chinese issues and using his position as mod of r/hardware to keep them up.

Do you have a link with more details regardless of what language it’s in?

Reply on news.ycombinator.com