ARM makes arm and a leg

BRITISH SEMI SUCCESS story ARM Holdings said its $ revenues amounted to $514.3 million for its 2007 financial year.

That, said the firm, shows a growth of six per cent more than the previous year and is twice that of the rest of the semiconductor industry.

Its 2007 normalised operating profit is up by 15 per cent and would be more if the dollar hadn’t had the collywobbles all last year.

In its fourth financial quarter, royalties were up by 15 million sequentially, representing $48.8 million.

Warren East, the CEO, said it entered this year of the moose with group order backlog at its highest ever level. “Although 2007 was a challenging period for revenue in our Physical IP Division, our reallocation of resources during the year towards the development of leading-edge physical IP technology, together with changes to management and organisational focus, positions the business well for growth in 2008.” µ