2010, record year for chip giant ARM
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The rapid growth of Smartphones and introduction of tablet pcs have continued to benefit ARM, which today announced total Q4 2010 revenues of more than £133million, up 34% year on year. This was more than double the gross semiconductor growth over the same period of 14%. Full year revenue for 2010 was reported at £406m, up 33% on 2009 compared to an industry rise of 23% over the same period.
Approximately 0.7bn ARM processor based chips were shipped in 2010 and the company gained share in non mobile end markets throughout the year. Shipments of ARM processor based microcontrollers grew more than 100% year on year, compared to about 45% growth for the overall microcontroller market. This was driven by an increase in sales of Cortex-M family based chips which now comprise approximately 10% of total ARM shipments.
In Q4 2010, ARM's customers reported a 30% year on year increase in shipments of chips into the mobile segment, driven by a doubling in Smartphone shipments. In addition, the chip giant's momentum in mobile computing continued with many leading OEMs announcing mobile computers utilising ARM technology based chips.
CEO Warren East, pictured, said the company will continue to sign licenses with influential market leaders in 2011. "The growth in licensing and royalty revenues throughout 2010 has combined to deliver our highest ever annual revenues, profits and cash generation," he asserted. "We are well positioned to succeed in 2011, with leading technology, an innovative business model and a thriving ecosystem of partners."
