ARM sees sales, profits grow as 22 more licenses taken
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ARM has announced that sales revenue in Q1 of 2012 grew by 13% over the same period in 2011 to reach $209.4million. The company also announced a pretax profit of $61.9m, 22% more than the figure from Q1 2011.
CEO Warren East said: "We continue to see an increase in the demand for ARM's smarter and lower power technology, which is driving both our licensing and royalty revenues.
"In the first quarter of 2012, we saw continuing demand for technology licenses driven by a remarkable variety of end markets from highly efficient servers to energy sipping sensors. ARM's royalty revenues continued to outperform the overall semiconductor industry as our customers launch their products into new markets and gain market share within existing markets."
As an IP licensing company, growth in the number of licensees is an important metric. ARM said another 22 processor licenses were signed in the quarter for ARM processors, including 10 for the Cortex-M core. Eight licenses were signed for server applications. There are now 871 licenses in use and described by ARM as 'generating royalties'.
Meanwhile, 1.1billion ARM based chips were shipped in the quarter in mobile phones and mobile computer platforms, said to be similar to last year. But its presence in consumer and embedded digital devices grew by 15%, with 800m such ARM equipped devices shipping.
