Tokyo-based investor company SoftBank saw the biggest jump in its stock price in over a year.
MediaTek has been a longtime supplier of low and mid-tier smartphone chips and has been pushing into the market to supply chips for premium smartphones. The same market was once dominated by rival Qualcomm Inc, which has been in a legal battle with Arm since last year over chip licensing agreements, further said theArm announced a slew of new products in a blog post. First up, a new chip, ‘Immortalis-G720,’ which Arm says is its "most performant and efficient GPU ever.
Arm is in the business of supplying intellectual property to chip designers in mobile phones and also has partnerships with major chip contract manufacturers.if the new development meant that Arm was making a chip to sell instead of its long-time business model of providing the blueprint to chip makers. Chris Bergey, the general manager of Arm's Client Line of Business, said this was a step it sometimes takes to help test out new manufacturing technology for customers.
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Arm rolls out new smartphone tech and MediaTek signs up to useArm Ltd on Monday rolled out new chip technology for mobile devices and Taiwan smartphone chip maker MediaTek Inc said it will be using it for its next-generation product.
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