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ARM says 64-bit chips have begun shipping in high volume

Mark Hachman | April 24, 2014
Although ARM reported a drop in royalty payments for its embedded chip designs, the company reported an increase in licensing revenues and a healthy boost in the chips it sells into smartphones, including the first 64-bit sales.

"[T]hose devices will take time to conclude, they will take time to get into products, take time to ship," Simon Segars, ARM's chief executive, told analysts during a conference call Wednesday. "But I think we're in good track in generally in terms of the deployment of those version 8 of the architecture."

ARM chief financial officer Tim Score also said that he had seen "more data points" indicating that the smartphone market would see a stronger second half than the end of 2013. 

 

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