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Softbank-owned Arm seeks to raise prices ahead of US IPO

Summary by Ground News
Arm Ltd, owned by Japan's SoftBank Group Corp, is seeking to raise prices for its chip designs. The British chip designer recently notified several of its customers of a "significant shift" to its business model. Arm intends to alter its royalty program, ceasing to charge chipmakers royalties for using its designs.

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Financial Post broke the news in Canada on Thursday, March 23, 2023.
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