By Susan Ning, Ji Kailun and Hazel Yin
On December 6th, 2012, the Ministry of Commerce (“MOFCOM“) cleared the proposed establishment of a joint venture (“JV“) by ARM Holdings plc (“ARM“), a UK semiconductor intellectual property (“IP“) supplier, Giesecke & Devrient GmbH (“G&D“) and Gemalto NV (“Gemalto“), both providers of security solutions, with behavioral conditions. This marks the third conditional clearance of JVs issued by MOFCOM. The JV will be engaged in providing security solutions named trusted execution environments (“TEE“) for consumer electronic devices.
Continue Reading MOFCOM cleared Joint Venture between ARM, Giesecke & Devrient and Gemalto with Conditions