ARM highlights MediaTek licence as Q3 sales jump
The Cambridge-based processor company had Q3 revenues of £184m, 27 % up on the same quarter a year ago.
ARM’s revenues from licensing jumped more than 50% in the year.
“In the third quarter of 2013 we saw strong demand for our processor technology with a record 48 licenses signed by 24 companies, 11 of whom were licensing ARM technology for the first time,” said Simon Segars, ARM CEO.
ARM predicted another strong quarter for licensing revenue in Q4.
“Assuming the macroeconomic situation does not deteriorate significantly in the remainder of the quarter, we expect group dollar revenues for the fourth quarter to be in-line with current market expectations of approximately $290m,” said ARM
“This quarter ARM also signed four large licensing deals with thought-leading technology companies, which included MediaTek signing a broad license for ARM’s latest ARMv8-A processor technology and next generation Mali graphics,” said Seggars.