ARM makes ‘encouraging start’ to 2009

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While the semiconductor industry as a whole is seeing declines in revenues of around 30%, ARM would appear to be doing better than most.

Its latest financial statement, Q1 revenues were down 10% on the same quarter in 2008 on a dollar basis. When stated on a Sterling basis, revenues were 18% up, thanks to a more favourable exchange rate. Warren East, ceo, said: "ARM has made an encouraging start to 2009. Leading semiconductor and OEM companies are continuing to utilise ARM technology, creating healthy demand for our latest processors and physical IP products. ARM has outperformed the semiconductor industry in the first quarter." ARM signed 17 processor licenses in Q1. Four companies licensed Cortex-M processors, including a third licensee for the Cortex-M0 processor. Amongst these was LG Electronics, which licensed the ARM11 MPCore and the Mali graphics processor. It also signed 12 physical IP licenses in Q1 at process nodes ranging from 90nm to 32nm. And it noted the first ARM processor to be manufactured using its 32nm physical IP has been delivered for testing.