Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 23 April 2013 10:44

ARM reports stonking results

Written by Nick Farrell



Strong demand

ARM posted market-beating first-quarter financial results, thanks to strong demand for its chip designs. The company forecast that annual revenue would be in-line with market expectations.

ARM’s first quarter revenue rose 28 per cent to £170.3 million from £132.5 million a year earlier. Analysts had expected a 20 per cent rise in revenue to £158.8 million. The company made an adjusted pretax profit rose 44 per cent to £89.4 million from £61.9 million a year earlier. Analysts were expecting a 25 per cent jump to £77.6 million.

Chief Executive Warren East said the company has "delivered another quarter of strong revenue and earnings growth, driven by robust licensing and record royalty revenue." ARMs royalty revenues again outpaced the wider semiconductor industry, riven by market share gains in key end markets including digital TVs and microcontrollers, he said. ARM also continues to benefit from the growth in smartphones and tablets.

This year ARM said it had made an encouraging start with more leading companies choosing to sign up to ARM technology. More than 22 processor licenses were signed in the first quarter ended March 31 from smartphones, mobile computing, digital television and other technology.

In the quarter there were more than 2.6 billion ARM-based chips were shipped, up 35 per cent from a year earlier.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments