Cambridge chip designer ARM Holdings posted results for its second quarter and half year ended June 30, 2011. Revenue for the quarter jumped 27 percent to $190.2 million, up from $150.3 million one year prior. Total revenue for the year did slightly better, jumping 28 percent from $293.6 million one year ago to $375.7 million in the first half of 2011. Those numbers are somewhat modest by chip giant standards, but it's worth noting ARM added 29 processor licenses in the second quarter alone.
"In the first half of 2011, we have seen strong license revenues driven by an increase in design activity around ARM technology across a broad range of end applications," ARM CEO Warren East said in a statement. "Major semiconductor vendors and consumer electronics companies are making long-term commitments to using ARM technology in their future product developments, underpinning growth in ARM’s long-term royalty revenues."
ARM said it shipped 1.1 billion processors to mobile phones and tablets, and another 800 million to a broad range of consumer and embedded digital devices. With those kind of figures, it's easy to see why Intel wants so badly to move into the mobile space.
Still, ARM remained cautiously optimistic about its full-year outlook and didn't change it's forecast for 2011. ARM's finance director Tim Score noted that "There's obviously a number of broad macro economic uncertainties that make us cautious as to whether the normal seasonal uptick you see at the end of the year, ahead of Christmas, is as significant as it had been in some other years," according to the U.K.'s Telegraph .
Image Credit: ARM