Posted on Wednesday, October 28 2009 @ 0:05 CET by Thomas De Maesschalck
Chip designer ARM saw its revenue decline 8 percent in Q3 2009 to $123 million, while pre-tax profit was about halved to $12.6 million. The company is optimistic about the future, and says they're seeing an increased interest from non-mobile markets.
The order backlog climbed 3 percent sequentially, but in comparison with the situation after the half year it improved by 10 percent. The company sold 28 processor licenses in Q3, with non-mobile devices being a major driver: 15 out of these 28 licenses were signed for a broad range of applications such as automotive, digital TV, networking, storage and microcontrollers. The remaining licenses were intended for use in mobile devices such as smartphones or mobile computers.
More info
at EE Times.
