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SoftBank-owned British chip design firm Arm rolls out new tech for mobile devices, Taiwan’s MediaTek signs up to use
- Arm’s new technology for mobile devices will be used by Taiwanese chip designer MediaTek to boost the performance of next-generation smartphones
- MediaTek has been pushing into the market to supply integrated circuits for premium smartphones, a market once dominated by rival Qualcomm
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SoftBank Group Corp-owned Arm, the British semiconductor tech company, on Monday rolled out new technology for mobile devices, which Taiwanese smartphone chip designer MediaTek said it will be using for its next-generation product.
MediaTek, a long-time supplier of low- and mid-tier smartphone processors, has been pushing into the market to supply integrated circuits (ICs) for premium smartphones, once dominated by rival Qualcomm, which has been in a legal battle with Arm since last year over chip licensing agreements.
In Arm’s blog announcing the new products, MediaTek said the innovation will help improve the performance for next-generation smartphones.
Shares in SoftBank, whose chief executive Masayoshi Son is focused on listing Arm, closed up 8.2 per cent in Tokyo in the biggest jump in more than a year. MediaTek shares were up 1.1 per cent.
“Investors have become extremely sensitive to any news about AI [artificial intelligence] or chip technology, and jumped on this Arm news,” said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management.
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