ARM profits double in Q3

Royalty revenues double ARM's profit margin

UK microchip designer ARM Holdings announced Wednesday it had doubled pre-tax profits in the third quarter year on year to £8.8m. The company is attributing higher royalty revenues to the increase.

ARM raked in a massive £26.4m in Q3, a 68 percent increase on the same period last year.

The UK company licenses its designs to manufacturers of chips that run mobile phones and other wireless and electronic devices. One hundred million chips were produced from ARM licences in the third quarter of this year -- three times the number shipped by 30 November in 1999.

Full story to follow.

See Chips Central for daily hardware news, including interactive roadmaps for AMD, Intel and Transmeta.

See techTrader for more technology investment news, plus quotes and research.

To have your say online click on the TalkBack button and go to the ZDNet News forum.

Let the editors know what you think in the Mailroom. And read what others have said.

Newsletters

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All