By Nitin Dahad, EETimes
August 7, 2019
The SoftBank Group said revenues for its microprocessor business Arm increased 9.7% year-on-year to $418 million for the quarter ended 30 June 2019, despite royalty revenue falling 8% due to dampening smartphone demand.
The company said it sold 28 licenses during its first quarter, including two licenses for new technologies Arm has not yet announced. Nineteen of these licensees were for its Cortex-M processor family.