ARM prepares to double workforce

ARM prepares to double workforce
Alex Mayhew-Smith and Richard Ball Microprocessor technology firm ARM plans to double its staff numbers over the next three to five years, Pete Magowan, ARM’s vice-president for Europe, told EW. ARM – which has 350 staff – is set to employ 650 people by 2004, said Magowan. Most of the jobs will be in system development and in sales and marketing. Magowan also said that ARM intends to invest much of its profits in research and development. ARM’s pre-tax profit, up 108 per cent, for its first year as a public company was ?9.4m. Turnover grew to ?42.3m for the year to December 31, 1998 – an increase of 59 per cent compared to 1997. Commenting on the full year results, Robin Saxby, CEO, said: ‘During the year, volume shipment of products based on the ARM architecture increased from less than ten million units in 1997 to an estimated 50 million units in 1998.’ Of ARM’s 31 licensees, 14 were shipping devices last year. ‘Typically from signing a licence to getting into production takes between 12 and 18 months. We’ll have 20 plus partners shipping products by the end of this year,’ said Magowan. ARM signed six new ARM7 licensees last year, three of whom were Matsushita, Seiko Epson and Toshiba. Intel took a licence for the StrongARM processor. Four existing licensees signed up to use the ARM9 core – rumoured to cost around ?5m. Through 1998, the bulk of processors were in mobile phones. Magowan reckons this year will see a shift towards electronic games, networking, disk drives and the automotive market.


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