British chipmaker Arm Ltd is building its own semiconductor to showcase the capabilities of its products, as it seeks to attract new customers and fuel growth following its Initial Public Offering (IPO) later this year, the Financial Times reported on Sunday.
A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
April 23 - British chipmaker Arm Ltd is building its own semiconductor 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 TimesArm will team up with manufacturing partners to develop the new semiconductor, FT said, citing people briefed on the move, adding that the company has built a new "solutions engineering" team that will lead the development of these prototype...
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.
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