ARM, one of the most important companies in the technology world, shared the company’s earnings reports for the 2021 fiscal year. In a press release, the company reported that its total revenues for 2021 reached $2.7 billion, with strong growth in both royalty and non-royalty revenues, up 35 percent compared to 2020.
Moving forward
However, the company’s expanded product portfolio and new business models such as ARM Flexible Access offer customers more avenues for licensing (non-royalty), while revenues increased 61 percent to $1.13 billion . Copyright revenues, on the other hand, increased by 20 percent compared to 2020, bringing the company $ 1.54 billion in revenue, with the increasing number of 5G mobile devices, the price increase in automobile chips and microcontrollers.
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The effect of shared results on ARM technology ARM CEO Rene Haas said that the demand and strength of the ARM ecosystem “has never been greater” and that the company’s computing platform will power the next technology revolutions such as automotive, autonomous systems, IoT and Metaverse across the cloud.
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