ARM heralds two ‘major product innovations’
As royalties roll in
ARM Holdings, the semiconductor IP firm, today announces "two major product innovations" at the
Helpfully, ARM has already told the world about these product innovations, in the statement accompanying today's Q3 results.
"The first is an ARM architecture extension which provides developers of wireless communications products, set-top boxes and other Internet-enabled
devices with a more power-efficient microprocessor solution capable of executing JavaT applications at high performance levels.
"The second, ARM's new media extensions, address the market's increased need for advanced processing,
particularly those associated with audio/video solutions, wireless communication and PDA platforms."
ARM saw Q3 revenues jump 68 per cent and profits leap even further by 100 per cent, on the back of soaring production by licensees.
For the first time in one quarter, more than 100 million ARM-designed chips were sold - the figure is more than three times higher than the same period in 1999.
All in all, ARM is beginning to look like a rather substantial company. Whether that justifies its sky-high market cap...
Pre-tax profits for Q3, ended September 30, were £8.8 million on sales of £26.4 million. Royalties accounted for most of the revenue increase, the company says. ®