The Channel logo


By | Kelly Fiveash 25th October 2011 10:31

ARM elbows through chip market with bumper profits

Hand over the dosh

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. ®

comment icon Read 1 comment on this article alert Send corrections


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe