ARM Swings 29 More Processor Licenses, Ships 1.1 Billion Chips

Cambridge chip designer ARM Holdings posted results for its second quarter and half year ended June 30, 2011. Revenue for the quarter jumped 27 percent to $190.2 million, up from $150.3 million one year prior. Total revenue for the year did slightly better, jumping 28 percent from $293.6 million one year ago to $375.7 million in the first half of 2011. Those numbers are somewhat modest by chip giant standards, but it's worth noting ARM added 29 processor licenses in the second quarter alone.
"In the first half of 2011, we have seen strong license revenues driven by an increase in design activity around ARM technology across a broad range of end applications," ARM CEO Warren East said in a st... »read more

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