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
- Tenstorrent Expands Deployment of Arteris' Network-on-Chip IP to Next-Generation of Chiplet-Based AI Solutions
- Siemens' Tessent In-System Test software enables advanced, deterministic testing throughout the silicon lifecycle
- EnSilica plc - Audited Full Year Results for the Year Ended 31 May 2024
- Logic Design Solutions launches Gen4 NVMe host IP
- ULYSS1, Microcontroller (MCU) for Automotive market, designed by Cortus is available
Most Popular
- Arm's power play will backfire
- Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering
- Sondrel announces CEO transition to lead next phase of growth
- M31 is partnering with Taiwan Cooperative Bank to launch an Employee Stock Ownership Trust to strengthen talent retention
- ULYSS1, Microcontroller (MCU) for Automotive market, designed by Cortus is available