Re: Now that ARM has been bought by a bank its future is uncertain IMO
" I doubt they'll be moving their IP <snip> to China."
maybe true, it'll most likely go to S. Korea first. THEN maybe China [or elsewhere, as appropriate].
I suspect, however, that this won't happen at LEAST for a while. Japanese employees probably cost more than the existing group in UK.. Japan is expensive when it comes to cost of employing people. It's probably MORE expensive than UK. [that would make an interesting study]
"Offshore" of engineering work is USUALLY a bad idea. Now, when it comes to actually MAKING the things, you go with the cheapest 3rd party vendor...