Chipmaker ARM sees revenues up by over a quarter

Cambridge-based processor designer ARM holdings has seen profit before tax fall to £15m in the second quarter ended 30 June (release). That's a fall from £54.8m in the same period last year.

Revenue was up 26 per cent to £171.2m from the second quarter of 2012, as the firm's dominance in the smartphone market saw licensing and royalties up.

Simon Segars, chief executive officer, said:

ARM has delivered another quarter of strong revenue and normalised earnings growth. We continue to see demand for ARM's next generation technology, and in Q2 we signed five licenses for Cortex-A series processors, and seven licenses for ARM's Mali graphics processor, demonstrating our leadership in both low-power processor and 3D graphics technology. During the quarter, our Partners announced exciting new design wins as ARM-based chips were selected for high-volume OEM products. These included many new smartphones and tablets, ARM-based 64-bit servers and mobile base stations.

Related articles