On Thursday, Arm Holdings (NASDAQ: ARM), the British chip firm, said that Young Sohn, a senior adviser at Samsung Electronics, will rejoin its board.
Having previously served on Arm’s board, Sohn said that his history with the company has “provided a unique perspective into how critical Arm technology is to the world that relies on it.”
“The depth of experience that Young brings will be invaluable to Arm as we continue to diversify our business and work to address the very real and complex computing challenges in the age of AI,” said Arm’s CEO Rene Haas.
Sohn is the chairman of audio electronics maker Harman’s board, which Samsung bought for $8 billion in 2017. He is also on the board of Cadence Design Systems (NASDAQ: CDNS).
(Source: Reuters)
Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment.