ARM has "no plans" for chips because they "aren't needed"
Rumors have buzzed surrounding ARM Holdings' possible release of 128-bit chip designs to power various new smartphones. Most recently, via PCPro UK, the company was cited by the Korea Herald to promise 128-bit architecture "within the next two years."
It wouldn't be surprising to see these chips being manufactured, since according to claims made by the Korea Herald, these types of chips would be all but required if smartphones are to feature more striking features like facial recognition and fingerprint scanning. Despite this story, however, ARM has denied all claims that they're hard at work on said chips.
Chief marketing officer Ian Drew fired back with a blog post via ARM company blog, in which he states that there are "absolutely no plans underway for 128 bit ARM-based chips because they simply aren't needed."
A statement like that leaves little room for speculation, but it's not as if there isn't space on the market for these types of chips. What's your take on the matter?