iPhone 5S and iPhone 5C : Launch is boost in the ARM for British microchip industry
Wednesday 11 September 2013
Opinion may be divided on the latest incarnations of Apple’s iPhone, but investors were today clear on one thing — the benefits for the British microchip industry.
Apple last night launched two new iPhones at the company’s headquarters in San Francisco: the high-powered 5S and a cheaper plastic version of the handset, the 5C.
On the back of the launch, British-based ARM Holdings and Imagination Technologies both saw shares jump.
ARM licenses its microchip designs to manufacturers and analysts reckon the 64-bit A7 microprocessor used in the iPhone 5S will reap a higher royalty rate for the Cambridge-based company – 2% compared with the current 1.5-2%.
Mobile graphics microchip-maker Imagination is also expected to benefit, as the iPhone 5 is thought to include Imagination’s latest chip. As with ARM, Imagination’s technologies carry a higher royalty rate. Apple is the Hertfordshire-based company’s largest customer.
ARM Holdings shot to the top of the FTSE 100, jumping 45.5p to 986.5p, while Imagination Technologies was up 6.2p at 308.1p.
Geoffrey Macnab reviews American Hustle, also starring Christian Bale and Bradley Cooper
elephant appealThe first 23 lots in our charity auction have now gone. But there are 22 more still up for grabs
Jennifer Lawrence: 'It should be illegal to call someone fat on TV'
Iain Duncan Smith leaves Commons food banks debate early
Paul Walker death caused by speed alone
DNA from a 50,000 year old toe shows Neanderthals were highly inbred
Devyani Khobragade: India-US row escalates over arrest of diplomat in New York
- 1 America's 'virgin births'? One in 200 mothers 'became pregnant without having sex'
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 3 Christmas comes early: Justin Bieber is 'retiring from music'
- 4 Iain Duncan Smith leaves Commons food banks debate early
- 5 Children evacuated from swimming pool after prosthetic leg mistaken for paedophile
- < Previous
- Next >
iJobs Money & Business
£500 - £650 per day: Harrington Starr: Harrington Starr is working with a Glob...
£27000 per annum: Harrington Starr: Junior Consultant (Excel, Financial Spread...
£500 - £600 per day: Harrington Starr: .NET Quantitative Developer - Contract ...
£55000 per annum: Harrington Starr: Technical Operations Analyst (UNIX, Linux,...