Think Korean chipmakers will buy Arm? Think again

Remember when Korean chipmakers Samsung and SK hynix were floated as potential buyers of UK chip designer Arm? Well, it seems that we can now count them out, which means Arm's owner, SoftBank Group, will likely have to move forward with its planned initial public offering., SK hynix said it no longer has any intentions of doing so in a recent regulatory filing.

Last week the South Korean memory maker said it"put various strategic options on the table to strengthen our competitive edge and enhance shareholder value, but we hereby notify that there is no ongoing process for consortium-based acquisition of Arm as of now," according toSpeculation about the electronics behemoth's interest in Arm was largely based on a planned meeting in early October between Samsung executives and SoftBank mogul Masayoshi Son.

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