UK Chipmaker ARM will work with IBM on the next generation of microprocessors, the firm announced yesterday.
It will work with the computing giant on a new range of low powered processors for mobile devices.
The deal comes after ARM received a major boost from Microsoft at the Consumer Electronics Show earlier this month, with the US firm announcing ARM chips will be the basis for a new version of its Windows operating system.
ARM has already cornered the market for mobile processors, storming ahead of more established rival Intel.
IBM and ARM have collaborated since 2008 on a range of 32 nanometer (nm) and 48nm processors. The latest venture will focus on 14nm chips and will solidify ARM’s position as the market leader in mobile micro-processors by allowing extended battery life and better internet access.
ARM shares rose 4.28 per cent in trading yesterday.