According to a report from the Financial Times, Arm, a British chipmaker, is creating its own semiconductor to demonstrate the capabilities of its products and attract new customers. The company plans to collaborate with manufacturing partners to develop this new semiconductor.
Arm has formed a new team called “solutions engineering” that will be responsible for creating prototype chips for mobile devices, laptops, and other electronics.
Industry executives have revealed that Arm’s latest chip, which has been under development for the past six months, is more advanced than any previous chip from the company. This move is aimed at increasing growth and attracting new customers following its upcoming Initial Public Offering (IPO).
According to the Financial Times report, Arm has no intention to sell or license the product it is currently developing and is solely focused on creating a prototype.
The chip designer plans to showcase the capabilities of its products to potential customers through this prototype, and it is not intended for commercialization or distribution.
Arm is reportedly collaborating with manufacturing partners to create this prototype and has formed a new team called “solutions engineering” to lead the development of the chip.
Arm is a significant provider of intellectual property to numerous chip companies, particularly in the mobile phone sector. The company has partnerships with major chip contract manufacturers, enabling them to integrate Arm’s technology into their products.
In recent news, Intel announced its collaboration with Arm to allow for the production of mobile phone chips and other products utilizing Arm’s technology to take place in Intel’s factories. This collaboration could benefit both companies by increasing their respective customer bases and product offerings.
Arm’s extensive experience in the mobile phone chip market, coupled with Intel’s established manufacturing capabilities, could potentially create a powerful combination in the semiconductor industry.