ARM gains 44 percent increase in profit during Q1 2013, ships 2.6 billion ARM-based chips

Written by Digital News on . Posted in News from the Web

ARM gains 44 percent increase in profit during Q1 2013, ships 2.6 billion ARM-based chips

ARM had another great quarter -- again. This time it's seen pre-tax profits soar 44 percent, while revenues are up 26 percent (to $209.4 million) since the same period last year. The company's thanking the continued adoption of its ARM chipsets, encompassing smartphones, mobile computing and even digital TVs and wearable tech. It's the advanced tech on its ARMv8, Mali and big.LITTLE ranges that has meant the company can command higher royalties per chip.

In total, 2.6 billion ARM-based hardware have made their way into the gadgets all around you, an increase of 35 percent year-on-year, with embedded hardware up a hefty 50 percent since Q1 2012. It's seen an even better performance from its Mali graphics processor shipments, which are up five times since the same period last year. As outgoing CEO Warren East notes: "Even low cost smart devices can contain multiple ARM-based chips and be based on ARM's advanced Cortex-A series technology and Mali graphics processors." With new friends on board for the near-future, the good times are likely to continue.

Filed under: Cellphones, Desktops

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Source:ARM

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