Rebound expected after royalties slump
Rick Merritt, EETimes
July 22, 2014
SAN JOSE, Calif. — Growth in mobile device shipments should come out of a slump in the second half of the year and generally stay in low double digits through 2018, according to ARM's chief executive, reporting on the company's latest quarterly results. He also commented on challenges ahead with Moore's Law and fragmentation in the Internet of Things.
ARM's royalties, heavily impacted by smartphone shipments, grew just 2% in its latest quarter. Chief Executive Simon Segars said the slump was cyclical, due in part to a buildup of inventory that will dissipate in the next two quarters.
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