Since the pandemic took hold, supply chains worldwide have been struggling to meet unforeseen demand for the mountains of gadgets and tech products containing the semiconductors that Cambridge-born company Arm designs.
Arm’s integrated circuits and chip designs are used to power everything from electric vehicles to smartphones and games consoles, with the Cambridge firm now the world’s largest producer of semiconductor chips and the ‘crown jewel’ of Britain’s tech landscape.
Roughly 95 per cent of smartphones worldwide run on Arm’s hardware, with the company estimating it won’t be long before 100 per cent of the world’s shared data will be processed on Arm across devices, data networks and the cloud.
So when two giants in the hardware arena looked to merge in a multi-billion dollar deal, tech rivals big and small were…