Licensing demand helps chip designer ARM beat expectations

By Paul Sandle LONDON (Reuters) - British chip designer ARM Holdings said it expected continued strong demand for its technology after higher-than-expected licensing of its processors in the second quarter. The Cambridge-based company reported a 30 percent rise in pretax profit to 86.6 million pounds ($133 million) on Wednesday, beating forecasts. ARM has outpaced the wider semiconductor market for the past five years or so, helped by the use of its processors in smartphones like Apple's iPhone and tablet computers. ...



via Tech News Headlines - Yahoo! News http://news.yahoo.com/licensing-demand-helps-chip-designer-arm-beat-expectations-110602414.html