Bangalore Before the planned IPO in the US, ARM apparently wants to make itself more attractive to investors. The British chip designer, on whose designs practically all smartphone processors are based, wants to boost sales with price increases, the Financial Times reported on Thursday, citing industry insiders and former employees.
The company, which belongs to the Japanese tech investor Softbank, has informed customers about a “significant change” in the business model. In future, the license fees should no longer be based on the value of the chip, but that of the device. ARM hopes that this will multiply revenue. The company declined to comment on the matter.
According to earlier statements by insiders, the chip designer is aiming for proceeds of at least $8 billion from the Wall Street stock offering. The total value of the group is estimated at more than 50 billion dollars. The hot phase in the preparations for the IPO is about to start.
