ARM announces 44 per cent jump in profits
ARM doesn’t actually make processors; it just licenses its architectures to third parties.
Cambridge-based processor designer ARM Holdings has reported a large jump in profits in the third quarter of the year.
The upturn in fortunes comes off the back of strong licensing performance, with ARM architectures powering many of the processors in today’s mobile devices, including Apple’s iPad 2 and iPhone 4S.
The continued demand has enabled ARM to rake in £55.8 million in pre-tax
Cambridge-based processor designer ARM Holdings has reported a large jump in profits in the third quarter of the year.
The upturn in fortunes comes off the back of strong licensing performance, with ARM architectures powering many of the processors in today’s mobile devices, including Apple’s iPad 2 and iPhone 4S.
The continued demand has enabled ARM to rake in £55.8 million in pre-tax
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