The majority shareholder of ARM is Softbank Group of Japan. The company said in its internal memorandum that its chip design includes technology originating in the United States. Earlier, the United States said it would stop it.HUAWEIAccess to American technology.
The BBC reported Wednesday that ARM is suspending business with Huawei to comply with U.S. regulations, citing internal documents from ARM.
ARM instructs its employees to terminate all active contracts, support and any pending agreements with Huawei and its affiliates.