The Cambridge-based group licenses its patented designs to chip makers, who then adapt them by adding their in-house technology. ARM, whose chip technology is found in Apple Inc.'s (AAPL) iPhone and Samsung Electronics Co. Ltd.'s (005930.SE) Chromebook laptop, receives an upfront fee to license the design and a royalty on every chip shipped.
Designer:
http://www.marketwatch.com/story/arm-reveals-record-order-backlog-as-profit-rise