Feeds

ARM elbows through chip market with bumper profits

Hand over the dosh

The Essential Guide to IT Transformation

Business is brisk at British chip designer ARM where pre-tax profit and revenue ballooned during the company's third quarter, which ended on 30 September.

The Cambridge-based outfit reported that pre-tax profit was £55.8m, up 44 per cent compared with the same period a year earlier. Sales grew 20 per cent to £120.2m.

Earnings per share climbed 47 per cent to 3.05 pence from 2.08 pence a year earlier.

“In the third quarter of 2011, we saw a continued high level of design activity with many new customers licensing ARM technology for the first time, driven by end market requirements for smarter, low-power chips," said ARM head Warren East.

He added that the company had seen strong growth in shipments of chips using ARM technology.

The firm recorded a 50 per cent increase of shipments into non-mobile markets such as digital TVs and networking applications, noted East.

ARM's processor architecture is loaded into Apple's iPad and Cupertino's iPhone 4S.

The CEO admitted that "royalty revenues in Q3 have been impacted by the below seasonal growth in the semiconductor industry", but said that ARM "continues to gain share".

ARM expects a strong final quarter based on "a healthy opportunity pipeline for licensing" and a high order backlog, said East. ®

Boost IT visibility and business value

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.