Last week’s Poll: the sale of ARM Holdings to Softbank for £24bn

Engineer readers are pessimistic about the implications of the sale of UK chip designer ARM Holdings to Japan’s Softbank.

This poll elicited the most clear-cut conclusion for several weeks. Of the 509 respondents, a clear majority, 59 per cent, thought the acquisition of ARM represented a loss of sovereignty over chip design. Fifteen per cent thought it an opportunist merger (perhaps because of the post-referendum weakness of Sterling); while 14 per cent thought it showed the UK was ‘open for business’ despite opting for Brexit. The smallest group, 12 per cent, declined to pick an option.

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