ARM to build its own silicon: FT
ARM Holdings is building its own silicon chip to showcase the capabilities of its products as it seeks to attract new customers and fuel growth following its initial public offering later this year, the Financial Times reported on Sunday.
The SoftBank Group-backed company’s newest chip, on which it started work in the past six months, is “more advanced” than ever before, the FT said, citing industry executives.The chip designer has no plans to sell or license the product and is only working on a prototype, FT said. ARM is a major supplier of intellectual property to many chip companies, especially in mobile phones, and has partnerships with major chip contract manufacturers.
Earlier this month, Intel said it will work with ARM to ensure that mobile phone chips and other products that use ARM’s technology can be made in Intel’s factories.
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