In its quarterly financial announcement, its pre-tax profits had risen by 60 percent to $61million (£38.8) compared to $38.5m (£24.3m) in the same period in 2009. Revenue was $159.4 (£100.4m), up from $119 (£75.2m.)
CEO Warren East said in a statement: “Q3 was a good quarter for ARM. Not only are we benefiting from growth in applications where we are the established market leader, including in smartphones and mobile computers, but we are gaining share in markets like digital TV and microcontrollers.
“Our partners are also starting to develop chips in new markets for ARM, such as servers and laptops, creating longer-term opportunities. In addition, both physical IP and Mali graphics performed well with important license wins and increasing royalty revenues.
“Given the broadening growth opportunities that are available to us, we have accelerated investment in R&D in the first nine months of the year whilst also increasing both profits and cash generation.”
Licence revenues grew in the period by 33 per cent to $53m, accounting for one-third of group turnover. Royalty sales grew by 31 per cent to $83m, accounting for just over half of group turnover, the company said. Over the year it said 900 million ARM processor based chips were shipped in mobile devices with four processor licenses signed for mobile phone and computing applications.
It also cited an increased share in target markets such as consumer electronics and embedded products with 600 million ARM-processor based chips shipped in everything from toys to televisions, cameras to cars.
In terms of licensing, 18 processor licenses were signed for a broad range of applications including advanced processors for use in markets such as network infrastructure and sensors.
ARM reckons it “remains well positioned for growth with leading semiconductor companies increasingly adopting ARM technology for a broadening range of end-markets.” With even Intel recommending ARM-powered Apple gear it’s hard to disagree.