Arm Ready to Sacrifice Profits for Long-Term IoT Growth
Nitin Dahad, EETimes
6/14/2018 00:01 AM EDT
LONDON — Arm is better positioned as a privately held company to take a strategic approach for long-term growth as it addresses the IoT market, according to Rajeev Misra, CEO of SoftBank’s $100B Vision Fund and a director of the SoftBank Group.
“IoT requires an entire stack, not just the chip, and in order to make these investments, you need to sacrifice profits over the next three to five years,” Misra said here this week at CogX, one of the biggest artificial intelligence conferences in the U.K. “It takes courage to take a long-term view when shareholders look for nearly 10% growth per year.”
E-mail This Article | Printer-Friendly Page |
|
Arm Ltd Hot IP
Related News
- Raspberry Pi Receives Strategic Investment from Arm, Further Extending Long-Term Partnership
- GLOBALFOUNDRIES and Soitec Announce Multiple Long-term SOI Wafer Supply Agreements to Meet Accelerating Demand in 5G, IoT and Data Center
- Long-Term Internet of Things Semiconductor Forecast Reduced
- NXP Introduces Industry's Lowest Power ARM Cortex-A7 Based Processor to Fuel Growth of the Internet of Things
- ARM and Samsung Sign Long-Term Agreement to Take Customers' Visual Experiences to a New Level
Breaking News
- RAAAM Memory Technologies Closes $4M Seed Round to Commercialize Super Cost Effective On-Chip Memory Solutions
- Alphawave Semi Audited Results for the Year Ended 31 December 2023
- Huawei Mate 60 Pro processor made on SMIC 7nm N+2 process
- Silicon Creations Reaches Milestone of 10 Million Wafers in Production with TSMC
- Analog Bits to Demonstrate Numerous Test Chips Including Portfolio of Power Management and Embedded Clocking and High Accuracy Sensor IP in TSMC N3P Process at TSMC 2024 North America Technology Symposium
Most Popular
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
- Omni Design Technologies Joins Intel Foundry Accelerator IP Alliance
- Faraday Partners with Arm to Innovate AI-driven Vehicle ASICs
- Semiconductor Capacity Is Up, But Mind the Talent Gap
- Efabless Announces the Release of the OpenLane 2 Development Platform, Transforming Custom Silicon Design Flows