Jun 28, 2022 02:15 PM (GMT+8) · EqualOcean
On the 28th, according to the science and Innovation Board daily, Rene Haas, CEO of arm, a chip design department under Softbank, said that the company hopes to use the IPO funds to expand and hire more employees. According to reports, Rene Haas said that arm would step up its efforts to promote businesses other than mobile phones, including hardware in the fields of automobiles, data centers and metauniverse. Haas said that the cash raised through IPO "can help you with mergers and acquisitions, or you can recruit faster. We will focus on these two areas."

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