Overview

• Arm Holdings has laid off over 70 software engineers in China, reflecting the downturn in the semiconductor industry.
• About 15 of the laid-off staff are expected to be offered alternative roles related to projects within China.
• The company is restructuring its China software engineering resources to provide direct support to local developers.
• China's share in Arm's global sales has dipped from 25% to approximately 20%.
• Arm's operations have been impacted by U.S. restrictions on technology exports to Chinese companies.