CHIP designer Arm Holdings, which has a research and development facility in Sheffield, said it was entering the final quarter of 2015 with “strong royalty momentum” and a healthy licensing pipeline.
The Cambridge-based company shipped 3.6bn chips over the third quarter of 2015, which is a 20 per cent increase year-on-year, it revealed in a trading update.
Simon Segars, the chief executive officer, said: “Q3 (the third quarter) has been another strong quarter for royalty revenue growth, driven by premium chip pricing and elevated royalty percentages from recently introduced ARMv8-A based chips.
“These new chips are now shipping in a wide range of devices including smartphones, enterprise equipment such as base stations and servers, and consumer electronics such as digital TVs.”
Mr Segars said that ARM technology was being deployed in a diverse range of products and markets, from the sensors that will form the “Internet of Things”, to energy-efficient smartphones and high-performance servers.
He added: “With the broadening adoption of ARM technology, we are continuing to invest in developing new products and revenue streams to support long-term growth and returns for shareholders.”
The company said it expects group dollar revenues for the full year to be in-line with the market expectations.