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ARM flexes licensing muscle in strong third quarter.
(From Guardian Unlimited)
Chip designer ARM Holdings had a record quarter despite slowdowns in the rest of the industry.
The Cambridge-based company reported revenues up 20% to $192.3m (GBP120.2m) and pre-tax profits up 44% to GBP55.8m. New licensees -- including traditional PC companies looking forward to Microsoft's new version of Windows -- helped boost sales. Earnings per share were 3.05p.
ARM, whose low-power chip architecture is used by all smartphones and tabletmakers including Apple, Samsung and Nokia, and by a growing number of white goods products such as washing machines, said that the sale of 28 licences to make its chip designs helped it to …
