ARM: Can 'crown jewel' of UK technology be protected?
1–10 of 101 posts
Re: ARM: Can 'crown jewel' of UK technology be protected?
#2Hasn't the ship already sailed? It was sold to softbank and now NVidia? It seems a too late for this.
edit: Get rid of little to late and change to too late.
Re: ARM: Can 'crown jewel' of UK technology be protected?
#3Hasn't the ship already sailed? It was sold to softbank and now NVidia? It seems a too late for this. edit: Get rid of little to late and change to too late.
Apparently; when ARM was first sold to Softbank, Softbank made several guarantees to the UK. Nvidia has made no agreement to continue those guarantees.
> At that time, Softbank announced it had agreed to legally binding commitments to increase investment, headcount and preserve its headquarters in the UK.
> It is not too late for the government to impose conditions, but conversations on whether to impose them or what they might be have not even started.
Re: ARM: Can 'crown jewel' of UK technology be protected?
#4Hasn't the ship already sailed? It was sold to softbank and now NVidia? It seems a too late for this. edit: Get rid of little to late and change to too late.
Great Britain is now much more desperate.
It needs to compete for market share and access to markets like a 3rd world country but without the associated cheap labour so high tech is one of the few anchors where Britain might have USP.
But as you say with ARM that ship has sailed with the previous sale to SoftBank.
The only chance to salvage some of the know how (not the IP) would be if these specialists could find similar jobs in Cambridge but there simply isn’t enough opportunities especially as the broader market is dire battered by brexit covid and general stagflation.
Not an enviable position- bit like Japan a few years back.
Re: ARM: Can 'crown jewel' of UK technology be protected?
#5A: No.
Re: ARM: Can 'crown jewel' of UK technology be protected?
#6Hasn't the ship already sailed? It was sold to softbank and now NVidia? It seems a too late for this. edit: Get rid of little to late and change to too late.
Apparently; when ARM was first sold to Softbank, Softbank made several guarantees to the UK. Nvidia has made no agreement to continue those guarantees. > At that time, Softbank announced it had agreed to legally binding commitments to increase investment, headcount and preserve its headquarters in the UK. > It is not too late for the government to impose conditions, but conversations on whether to impose them or what…
The UK is not in a position of strength at the moment.
Brexit might give us back 'control' from Brussels but does not exactly give us the upper hand in commercial negotiations with the US.
Now, I'm sure that Nvidia will want the deal to close smoothly and will thus be willing to give similar guarantees. Of course the trick is that these guarantees usually (and sensibly) come with a time limit, which also suits governments, so don't mean that much in fine.
Re: ARM: Can 'crown jewel' of UK technology be protected?
#7Hasn't the ship already sailed? It was sold to softbank and now NVidia? It seems a too late for this. edit: Get rid of little to late and change to too late.
Great Britain is now much more desperate. It needs to compete for market share and access to markets like a 3rd world country but without the associated cheap labour so high tech is one of the few anchors where Britain might have USP. But as you say with ARM that ship has sailed with the previous sale to SoftBank. The only chance to salvage some of the know how (not the IP) would be if these specialists could find si…
To add to this comment(might be biased as I live and work in the UK): salaries here are just not on the USA level, while costs of items are the same, if not higher(check Apple products price difference on the official website, clothing etc). For many of high demand engineers the choice is London/Manchester or move to the USA
Re: ARM: Can 'crown jewel' of UK technology be protected?
#8Hasn't the ship already sailed? It was sold to softbank and now NVidia? It seems a too late for this. edit: Get rid of little to late and change to too late.
Apparently; when ARM was first sold to Softbank, Softbank made several guarantees to the UK. Nvidia has made no agreement to continue those guarantees. > At that time, Softbank announced it had agreed to legally binding commitments to increase investment, headcount and preserve its headquarters in the UK. > It is not too late for the government to impose conditions, but conversations on whether to impose them or what…
They should move HQ to Ireland to maintain easy access to the European talent pool.
Re: ARM: Can 'crown jewel' of UK technology be protected?
#9Hasn't the ship already sailed? It was sold to softbank and now NVidia? It seems a too late for this. edit: Get rid of little to late and change to too late.
Great Britain is now much more desperate. It needs to compete for market share and access to markets like a 3rd world country but without the associated cheap labour so high tech is one of the few anchors where Britain might have USP. But as you say with ARM that ship has sailed with the previous sale to SoftBank. The only chance to salvage some of the know how (not the IP) would be if these specialists could find si…
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Re: ARM: Can 'crown jewel' of UK technology be protected?
#10Hasn't the ship already sailed? It was sold to softbank and now NVidia? It seems a too late for this. edit: Get rid of little to late and change to too late.
Great Britain is now much more desperate. It needs to compete for market share and access to markets like a 3rd world country but without the associated cheap labour so high tech is one of the few anchors where Britain might have USP. But as you say with ARM that ship has sailed with the previous sale to SoftBank. The only chance to salvage some of the know how (not the IP) would be if these specialists could find si…
One problem I have with Cambridge is that, IMO, it's a small island in the middle of nowhere, which has to limit its attractiveness at some point.
Sure, there is a fast-ish train link to London but Cambridge itself is quite small and there is close to nothing at all around it.
Edit: Sorry guys! Obviously many people from Cambridge here.