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Old 20.07.2016, 12:01
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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ARM does not manufacturer. They develop and license chip designs. They can send these designs in graphic files by email to licensees, and they get manufactured in Asia.

A company like ARM has a very high ratio of revenue per employee because of this. This is the kind of company you want in the UK to improve its standard of living. Manufacturing companies have very low ratios of revenue per employee.

The UK is capable of higher value output than mere factory output. I don't think the UK can thrive on factory output alone. It will need to increase and leverage its intellectual output to thrive.
ARM has only around one third of their employees in UK, their development centres are worldwide; USA, China, India, Ireland.......

Likely in future profits will be repatriated to Japan or to the Irish company to benefit from the Irish tax situation on Intellectual property rights.
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