Queen’s Awards 2011: ARM – a ‘quiet British success’
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ARM Holdings has been awarded a Queen's Award for Enterprise for the development of its semiconductor intellectual property. The company was granted the award in the Innovation category which recognised its position as the world's leading supplier of low power, high performance semiconductor IP.
The Cambridge based company's microprocessor IP is found in a wide range of consumer products such as mobile phones and digital cameras., while its dominance in the automotive sector has resulted in almost every car containing at least one chip designed by the firm. ARM managed to maintain a global market share of more than 95% during the recession.
ARMs' executive vice president of marketing, Ian Drew said the Queen's Award for Enterprise was recognition of 20 years' innovation, adding that the company is 'proud to be British'.
"We're really pleased to win this award. ARM is an ingredient to microprocessors, of which 6billion were shipped last year, so it's clear that the need for low power is really beginning to resonate. It's become more relevant to consumers particularly because of the rapid growth of tablets and the sophisticated technology that we have designed to run them. If you look at how many products run on ARM IP, you appreciate how much of the electronics industry is run from such a small UK company. We're a quiet British success.
"The increasing change of internet use from a static pc to a tablet is important as ARM is really at the hub of that. But what's so exciting is that tablets aren't just going head to head with the pc industry, they are a whole new industry."
The Queen's Awards for Enterprise are highly prestigious and granted for outstanding achievement by UK businesses in the categories of Innovation, International Trade and Sustainable Development.
